Marketsurfer says short shake shack
- Thread starter marketsurfer
- Start date
SHAK stock valuation is separate from earnings. Definitely SHAK earnings will grow as it is a new restaurant and many people are curious and want to try. The point is that whether even the revenue doubles next Q, is the stock worth the current price? Some traders know the short size of the stock and use it as a pain tool to shorts.
Note: I am neither long nor short SHAK. I am a happy MCD short.
Note: I am neither long nor short SHAK. I am a happy MCD short.
Who says it can't go to $100 or $150? Valuations can go out of hand as we all know, it's timing the end of hysteria.
That was exactly my point. No one can say that and that is why I avoid hype stocks. People buy it because the volume is low and when they buy it, it goes up. No one is looking at the valuation now.
75, just 3 below ATH
The price drivers nailed it again! I hope everyone went long
A disapointing delay to the inevitable death spiral no doubt. Our final short order is set to try at $76.00. This dawg will be below 50 soon. It just needed to suck in some more $$ from the naive longs today. Stay strong shorts, the best is yet to come. I guarantee it!!
Its impossible. It will never happen. surf
MS is shorting this for the same reason we all want to short it: It's an otherwise insignificant stock assigned ultra-hype by an irrational hat-tip-to-2000 bullshit market.
That being said, this is probably a very crowded trade and the powers that be are always about fucking over the most amount of people possible before a real move.
That being said, this is probably a very crowded trade and the powers that be are always about fucking over the most amount of people possible before a real move.