Stocks that shoudn't be where they are

[tradestrong]

Quote from stock_trad3r:

And thats why I'm not short. Let the tards keep bidding it up until the company inevitably drops a stinker and falls 15-20% in a single day on really high volume. Then I'll step in and short.

Looks the top management is doing a fine job lining their pockets:

http://denver.bizjournals.com/denver/stories/2008/04/07/daily1.html?ana=yfcpc

and insiders are selling like crazy:

http://finance.yahoo.com/q/it?s=CMG

no buys

And apparently a lot of people think chipotle sucks:

http://www.google.com/search?hl=en&q=chipotle+sucks&btnG=Google+Search

CMG is a train wreck waiting to happen

Yeah...and management should be able to line their pockets since they've done such a good job. 75% of that "lining" has been performance based. A real rarity in the business.

As for the insiders, there hasn't been an insider purchase since Jan 06 when the stock price was in the low 40's. So throw that theory out the window.

Third...apparently McDonald's sucks too:
http://www.google.com/search?hl=en&safe=off&q=mcdonalds+sucks

Should we start shorting McD's on that theory?

 

[1flyfisher]

Is that it?
Is that all you have for analysis of these stocks.
That you can't believe people would spend $11 on a meal.....

Quote from stock_trad3r:

1. CMG

CMG should be a $24 stock at best. Their food sucks and is expensive compared to Taco Bell. I once had a beef taco and the beef was barely edible and the taco was extremely watery. I can't believe people will willingly spend $11 a meal on crappy so called 'organic' food.

2. GME

This stock needs to revist $27 very soon. There is a gamestop near where live. It is almost very empty; almost as if it is forlorn. No one seems to shop there. Why buy games at gamestop when you can just buy them online? Makes no sense to me since its not like there are any advantages to buying them at a gamestop store.

I am not short in any of these, but they need to go much lower

 

[stock_trad3r]

Quote from 1flyfisher:

Is that it?
Is that all you have for analysis of these stocks.
That you can't believe people would spend $11 on a meal.....

Not when the quality is so poor.

 

[jamis359]

RIMM. At $115 a share and P/E ratio of 51, analysts are forecasting revenues to increase from $2 bil to $13 bil by 2010. That's a rosy scenario. If the economy stays soft and layoffs increase, those laid-off middle managers are going to be turning in their Dingleberrys and canceling their data subscriptions. I think RIMM will grow, will do well, but won't live up to such lofty expectations.

 

[1flyfisher]

I've never eaten at a CMG. But if you're under the belief that the stock will fall because the food sucks.....have you ever had McDonalds? How bout Taco Bell or Del Taco, Arby's????
That is some of the most disgusting food and slobs shovel it down their throats every day. Most fast food is pretty nasty but they are still in business.

I just think you have little solid analysis going on especially to short.
Good Luck though.

Quote from stock_trad3r:

Not when the quality is so poor.

 

[Thermactor]

I'm of another mindset. I enjoy(ed) Chipotle from time to time. No issues at all with them. Fine place to dine.

 

[stock_trad3r]

Quote from 1flyfisher:

I've never eaten at a CMG. But if you're under the belief that the stock will fall because the food sucks.....have you ever had McDonalds? How bout Taco Bell or Del Taco, Arby's????
That is some of the most disgusting food and slobs shovel it down their throats every day. Most fast food is pretty nasty but they are still in business.

I just think you have little solid analysis going on especially to short.
Good Luck though.

I've eaten at Taco Bell, Mc Donalds, and Chipotle. The former companies provide a much better value than Chipotle. I ate at Chipotle once and would never revisit.

YUM Brands, the parent company of Taco bell, is at near 52 week highs:

http://finance.yahoo.com/q/bc?s=YUM&t=2y&l=on&z=m&q=l&c=

Chipotle will be on the 52 week lows list soon enough along with Crox.

Also, I'm not short. I'll consider shorting after a really bad quarter.

 

[dumpandbasher]

Where do you get $11/meal from? Maybe $7-8/meal, and even McD's will cost you $5-6/meal nowadays.

 

[stock_trad3r]

here is an e opinions review:

http://www.epinions.com/content_69555162756

the meal cost over $12

 

[1nibbler]

what gives people??? After all this time, stock_trad3r is finally saying something negative (or realistic) and ya'll give him grief..... There's just no pleasing some people.