Thoughts on Chipotle?

[Michael J. Fletcher]

So what you guys think about the stock? At what price will it become a good short target?!

 

[haroldg]

CMG is a consensus short, hence the occasional forced-buying panics, as today.

 

[heavenskrow]

Bullish, although I'm not saying we hit the lows.
Risk/reward is favorable for long term hold.

One of my favorite long term plays to buy and hold. If I was managing a hedge fund where I could pick 10 plays only, I'd pick CMG as a long play.

 

[viruscore1]

food sucks

 

[recession2016]

i wouldn't touch it just because bill ackman is in it

how does that guy still have investor money after those huge VRX losses?!

 

[haroldg]

VRX is up 7% today.

 

[comagnum]

Have been long on CMG since last Friday based only on the chart pattern - just a small position . So far it's confirming the pattern with the big volume today - only time well tell if it reaches its measured move.

 

[wildchild]

CMG is a consensus short, hence the occasional forced-buying panics, as today.

Thats probably why you should be looking for a spot to go long.

 

[RRY16]

Thats probably why you should be looking for a spot to go long.

Hey Zandy your using your Wildchild handle, I think you forgot to switch back..Just thought I'd give you the heads up.

 

[wildchild]

Hey Zandy your using your Wildchild handle, I think you forgot to switch back..Just thought I'd give you the heads up.

Ohh so you think the way to make money in the market is to follow the crowd. If everyone else is just scraping by, why would you follow them?