Seriously, this is what Shake Shack is? I had no idea it was this bad, talk about millennial circle jerk central... I want to short this place for the sheer principle
Marketsurfer says short shake shack
- Thread starter marketsurfer
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Seriously, this is what Shake Shack is? I had no idea it was this bad, talk about millennial circle jerk central... I want to short this place for the sheer principle
Looks like a normal burger.
People are stupid lemmings. Especially the idiots who take pictures of their food and post it. As if anyone gives a shit!!!
Some do, some don’t. A friend of mine posted a picture of a shak burger on twitter, it looked good so I wanted to try. That’s how new customers are gained sometimes.
ELITE
Yep! That's why most rational minded traders/investors are like "wtf?" Don't get me wrong - I have zero issue with them attempting to create a successful business/burger chain/whatever. No problems there. The problem is with the IPO, ridiculous valuation, and all the other nonsensical IPO hype.
No matter, it'll all be sorted out soon (whereby soon is hopefully <1 year).
Fancy fast food shares surge in US as Shake Shack draws shorts
http://www.reuters.com/article/2015...A320150505?feedType=RSS&feedName=businessNews
http://www.reuters.com/article/2015...A320150505?feedType=RSS&feedName=businessNews
Based on the number of locations open at the end of 2014, Shake Shack's current stock price values its restaurants at $40 million each, four times the stock market value of a Chipotle restaurant and 15 times the value investors assign to a McDonald's Corp (MCD.N) restaurant.
!!
Entering second entry into shorts at $74.41 surf