Stopped in my local Chipotle last night for dinner to go and found 2 people sitting and 1 person being served, no wait here, at 6:30 PM, location 85339.
They're always busy in my area.
If we are to go off the RSI then you could argue that a pull back next day or so could occur on CMG before rallying up. Yo you should really check out aw-esomeSTOCKS, they seem on point with their stocks.
Will PE Compression ever come to Chipotle? For the life of me I don't understand why this trades at such a high multiple. Currently the DJI trading about 20 times and the Nas 100 at 26 times. If CMG makes 10 to 12 this year, and that is still a pretty big IF, 50 to 40 multiple.... so it's THAT much better than the overall market? That small float has got to help.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.8 In other words, the correlation coefficient of the other stocks
If they increase the prices nationwide this will be a $800 stock again.
The lower this goes, the cheaper the Sept 17 and Jan 2018 calls will get to buy. Congrats.
Such a wall street darling. Other companies with this performance would be sub 100, if they would have survived the poisonings.
Here on the west coast , it's the stores are always super busy
$500 next week
Burrito seller trading at 151 PE. Bubble is not far from crash. Entire market is in a huge bubble.
I covered my shorts on the pullback of this dog. Lemmings coming back to rally back to $499 or a the $500 strike. Still cannot get long $CMG.
If Ricky Bayless was the chef, I would get long- but he isn't. Not sure if new dessert will add to the bottom line. No drive thrus, credit card chip readers but disgruntled employees.
I'm in the Mid-west , almost all the stores are busy.
Poor Barron's, wrong with CMG, and now wrong with VRX too. Time to shut your door and close your business.
Nothing wrong with this Company. Lines were out the door at my San Diego store. Never get tired of eating their good. Climbs above $ 500 this month. Love the float @ 28million.
the last time I went to eat at chipotle, their service was very gross. they hire all these young teens serve as assembly line and never clean the service counter. It's very dirty. that's the last time I will take my kids to go eat there.
Not a holder of this company, but do love the food. Travel all over the southwest and go into plenty of stores. Folks these places are ghost towns lunch and dinner. Not for sure when reality is gong to meet accounting, but when it does this should be exposed.