SHAK

vanzandt said:
I'll short it next week. ;)
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It feels heavy absorbing all the shares thrown down at $38 but it will break like CMG did. CMG had its earnings reaction going from $410 up to $447(I think) and cratered down to $390 because the earnings were so mixed. Your trade will go good once we get the Happy Bull Market to calm down some. You think it will hit $35 if we get some type of event to shake those shares out?
 
I think a fair value is about half of what it is....or less... I don't care how touchy feely it is. They can serenade their cows with Moon River, feed them tofu, and serve them Sleepy-Time Tea for bed.... ain't no hamburger joint worth 15 Million a pop.
 
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This is pulling back after a huge earnings run. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.
 
Shake Shack (SHAK) is pulling back after a huge earnings run. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.
 
I have watched and traded it for 8 months, it's got a floor around 32 then runs to 40ish, then back down it goes. I'll buy some more at 32.50
 
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