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Chipotle Mexican Grill, Inc. (CMG)
NYSE - NYSE Delayed Price. Currency in USD
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12,600 reactions on $CMG conversation
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$3.1B cap $SHAK the other antibiotic-free/hormone-free fast casual burger chain
$BFI has 43% as many locations with 9 more by eoy and 30+ other LOIs signed
hasn't joined the spac mania that is starting bc shutdowns but they have big ghost kitchen plans
this the next $CMG
chief legal officer sells his entire holdings
SEC FORM 4
could drop $500 per share and still be overvalued ..............its a pyramid scheme
we are at the beginning of 1984. freedom of speech in this "public forum" is monitored. just as Facebook and Google pay people to monitor their sites. posts are deleted by
yahoo(verizon). it does not matter if it is relevant. it is censorship. and this is just the beginning.
If you like paying 10 bucks for a bowl of rice and beans w a sprinkle of meat, this is your place
whatever happens to drone delivery?
AMZN is layingoff staff in its Drone delivery project
Each digital sale cuts into CMG's margins. Then there is the 100% loss of impulse add-ons / sales associated solely with foot traffic. This is a non-news to negative news event, consistent with CMG's shameless management of the short term share price. Inevitable that this cannot be sustained and a revision to mean is on the horizon. In some respects, at a 115x the most optimistic forward earnings estimates, CMG is representative of all that is wrong with Wall Street, the Fed and Mr. Market today.
what is Wall Street's fascination with digital payments?
are they expecting burrito vending machines or something?
Come on people...haven't you been reading the news...Pfizer, Moderna, and Chipotle have teamed to cure COVID-19. There's something about the rubbery chicken that CMG serves that appears to knock out pieces of the virus. This is going to be huge....
CMG needs to drop below $1000. I go there twice a week and recently they have no lettuce, no hot sauce, and charge $0.25 for tortillas. How about you reduce the price of your bowls if you aren't going to include 30% of the toppings that were once there? Or how about giving me those tortillas for free until you find a way to get lettuce. A lettuce-less bowl is like a bun-less burger.
I guess revenue is coming low... they are now charging for extra small tortilla when it has been FREE since it opened. Every quarter counts these days!
Upgrade to $1750? So another 45% upside? Wow... how do they justify this? Charge $0.25 extra for tortilla?
Buy 1 share of (CMG ) and get free Borritous for a family of 4 for 2 years no limit , Hee, Hee, Hee.
Any stock that goes up to $71.00 with no news, we all know it's fake, Bam, Bam, Bam.
Continues to rise on lower volume - the cult is beginning to lose interest in this name and is moving on. All the (manufactured) good news was baked into the burrito at $500/share. Another large leg down will come sooner rather than later. This multiple is excessive and unjustified.
188 Chipotle stores in Florida, each averaging around 35 employees,
minimum wage is now $15/hr. Do the math.
Nice ride these past 18 months. I'm selling and entering elsewhere. Upside is non-existent.
Starbucks is closing more than 600 stores. Store expansion is not a sure bet to increase revenue or profit. There goes the sixty plus dollar jump in CMG stock on speculation of higher potential store counts.
Don't cover your short position... more downside to go today and next week into election. Bought 5 put options yesterday at $1200 for $14. Regretting selling my 1250 puts expiring today for $5 earlier this week. Could have sold for $50. Nobody knows but we all know this stock and many others are overvalued.
So Why don't the Mafia fund families Sell?
I'm thinking THEY made a deal with the Devil (Government), they can commit market Fraud by buying and selling to each other running the price up on Nothing. How many 15, 20, 30, 40+ pts. days have happened in the last few years? Too many to count, and usually on No News followed by some Garbage article the next day on someones' price hike.. I've written a Complaint letter to SEC over a year ago on the fraud action and nothing was done of course.
Will you get a new $1,200 stimulus check by Christmas?
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