This is now in several states, which suggests there's something systemic wrong with Chipotle. The stock will end up below $500 on Monday after everyone reads the headlines.
Analysts said the same thing right before the last earnings & one of the two earnings prior to the last. So, it doesn't seem as if looking at supplier information is very accurate.
lol, I just saw it was ex-div today so that accounts for .0825 of the decline. I've been getting the divy for so long I don't even think about it any more.
I just created a simple linear regression of 3-month T-bill rates (usually used to represent the risk-free rate of return as compared to the return you could get on a stock e.g. HCN, but also serves as a proxy for borrowing costs since they need capital for acquisitions) vs. HCN stock price from 1992 to the present with the following results:
- The results were significant with a low p-value indicating that rates do affect HCN stock price.
- The amount of variation explained by T-bill rates though is only 51.5%. This means that other factors account for almost half of the price change.
- The equation for the line is y = -5.2983x + 49.613 which indicates that for every 1% increase in rates, the stock price might decline by $5.30
So, with a 0.25 increase in rates we might expect HCN to decline by $1.32 Today, the stock has declined by $3 on the fear (not reality) of a single hike. Either other unknown factors since yesterday have come up (i.e. the other 48.5%) or the stock has gone down by more than it should. Based on your individual risk/return preferences, you need to decide for yourself whether this represents an opportunity.
holding the stock right now. Sure, you might die but it's less risky than the stock.
No, hepatitis would come from people with piercings & tats - any wonder why even some grocery stores don't hire people with them? I'll be glad when robots replace fast food personnel.
I'm really surprised that CMG didn't fall any further. If any deaths are attributed to this outbreak, lookout - remember those cantaloupe farmers who were arrested after people died & their company went bankrupt? Other than lost sales, the impact won't be felt immediately but it creates too much risk. How have other companies fared after a contamination like this?
Looking at weekly price changes based on Monday closing prices for the ten-year period from 10/31/2014 - 10/31/2004, I computed the yield at that time & the ensuing twelve-month return exclusive of the dividend. If you purchased the stock each time the yield exceeded 5%, your average one-year return would be 10.7%. This includes 2008 when you would've lost an average of 18.9% buying at this yield. For the past five years the return would've been 15.9%.
Ten years ago, the adjusted price (to account for dividends) was about $20 so you've more than tripled your money!
Small investors get played, again, as a "guru" uses them to make a few dollars, lol. The media jumps all over this "story" because all the lazy people in the world became journalists & we now have too many spitting out worthless content.
You have shameless manipulation from "investors" like Icahn & Gabelli feeding the media who passes it on uninterpreted or as gospel to the masses who follow like lemmings, lol. They use their money/influence to pump & dump at the expense of ordinary investors once the stock falls.
The big fear was a slowdown in sales. The Chinese consumer is showing resiliency, so that fear is gone as well. There's no longer an impediment for the stock, so it should rise.
In the next few days, if IBB goes to $299, then it looks like a double-top but if it goes to $310 then I'm looking at an ascending triangle & will wait for $315 conformation.
As agamemnus & me_novice stated, Clinton benefited from the disruptive technology of the Internet, the Cold War peace dividend (cuts which Clinton took too deep, exposing the US to terrorists) & his National Home Ownership program (forcing banks to lend to poor risks, creating exotic loans that banks had to use w/ risks they weren't used to - hence the CDO binge by banks to get them off the books, etc.) At the time I thought he was doing a great job, in hindsight what a mess it made of the US & the economy.
I got out on today's early jump. I've experienced huge losses from Democrats/media targeting industries in attempts to create a villain to rally/manipulate voters.
They beat on rev as well, so business is fine. Consecutive beats show they're doing the right things to increase value. There's no reason the stock price shouldn't move up to its book value.
Unless they've changed something since I was last in one, a 401k would depend on what your employer offers as investments.
The IRS disallows only two things in an IRA - you can't have collectibles or whole life insurance.