Stocks that shoudn't be where they are

CMG up 4%...thats why I'm not shorting yet. Let the losers keep bidding it up. I'll ride it down to low double digits when the time comes heh heh heh
 
crapotle is below 100 but there is a lot of support in these levels

It will take an earnings meltdown for this to be shortable. A 15+% one day decline. Still hasn't happened yet. CMG at $30 seems fair.

GME is still holding, but it will see single digits eventually. They have huge expenses from running stores. People can just pre-order games and systems online without having to shop at a physical store.
 
Quote from stock_trad3r:

Um MCDonalds stock has been on fire for the past six years and shows no sign of slowing. With the economy slowing people are going to eat more fast food and abandon overpriced specialty restaurants like Chipotle, Starbucks, and Panera.
More...

I would have to agree.
 
Quote from tradestrong:

Wrong...restaurants are fairly recession proof. Eating out and entertainment are fairly stable entities in any market.

While their overall sales will come down as they will in every industry, overall, the restaurant business can hold it's own with a decent amount of strength in a bad economy.
More...

There are better stocks that offer a better margin of safety during a recession. I have seen plenty of grow fast restaurant companies come and go. Yeah they pop and show big returns but in the end they go back to where they belong. look at MCGs operating margins.
 
You must log in or register to reply here.
Back
Top