I love the late to the game "momentum" shorters on this thread crying cause they shorted at $300 and it isn't breaking. Trying to act like they're "smart" and "analytical" shorting a stock down 50%. Why would anyone who was actually smart and shorted this above $400 be holding their short here. 10% downside best case vs an easy 50% squeeze. The only thing holding this stock back are the technicals which get better each day.
All I know is that every time I go to CMG the lines are out the door.
CMG has been under constant attack--Cowen, Goldman, Twitter, etc. Yet stock continues to hold $300. What does that say? Bears better pray for #$%$ earnings.
Hold on to your CMG...this is the next McDonalds. So for long term investors this is a great company to own. It's healthy, non-GMO, fresh and tasty.
my son 23 years old and all his "millennial's" friends still love Chipotle, they can't get enough!
If you go to Chipotle, you see mostly millennial eating there. People who post comment on this board are NOT millennial!
Queso turns out not to be the savior for this mediocre fast food chain trading at a tech stock multiple.
Line out to the door during lunch time at my Chipotle (trendy River North location) in Chicago
Let's see 250s I want some cheap shares!
This is becoming a value stock or will be in time. Not there yet, but it's getting closer when it gets under 300.
Chipotle Swears All the Queso Haters Will Come Around Eventually
An internal memo sent to employees says that “formal research” prior to the rollout showed “very different results.”
My first burrito at CMG was in Chandler AZ back when they were a private company. It was Awesome! lots of quality meat, red beans white rice pepper and onions and some healthy scoops of Salsa and picante. With a meal like that who needs chips and queso? CMG should go back to the basics. Dump the chips,queso and bring out a simple breakfast and turn this thing around. KEEP IT SIMPLE STUPID
Prices went up at chipotle and the bowls shrunken in size on the bottom and not as wide as the original bowls. 😞
They had a significant drop in both top line and bottom line in 2016 from the 2015 numbers, but both top and bottom lines were re-accelerating in 2017. Only question is what kind of impact the bad publicity will have on the current quarter? Significant impact and it drops to 220; but little impact and it breaks out.
CMG is done, should not be trading more than 15 PE, which is 107 at max.
Don't worry the cheese is the same as any local gas station but costs 10 times as much because they slap "local made" on it.
House of the Diseased Burrito going to 200 /sh. within two years.
Mediocre food that occasionally makes you sick, America doesn't cotton to that.
Time to consider share repurchase on the cheap
And now the EEOC is suing CMG on behalf of a male employee who's boss grabbed his chorizo and locked him in the freezer. NO MEANS NO!
Why would anybody pay $8 for a burrito with cheese, when you can pay $10 for a burrito with melted cheese?
Genius decision. I can only see profits increasing as all that unsold melted cheese gets dumped into the sewer nightly, times two thousand locations. Obviously a Crumpacker idea -- somebody get this man some more coke.