New Trade – $CMG: A Slide of Guac?

cmgimages

A week ago, following Barron's negative article on Chipolte (CMG), we took a look at the stock (below) and agreed with the fundamental take, but concluded: it kind of feels like a press on the short … [Read more...]

Name That Trade – $CMG: Burrito Loco

cmgimages

Over the weekend Barron's painted a fairly downbeat picture for Chipotle's (CMG) prospects in the coming year as growth decelerates, suggesting that "the stock could lose another 15% to 20%" in their … [Read more...]

Trade Update – $SHAK: Kazaam!

TradesAndUpdates

On February 23rd I laid out a bullish cash for shares of Shake Shack (SHAK), totally disregarding valuation and bought the stock just below $43 on some (frankly) pie in the sky stuff, watch … [Read more...]

Chart of the Day – $CMG: Burrito Loco

ChartOfTheDay

Chipolte (CMG) reports their Q4 results tonight after the close.  The options market is implying about a 7% one day move which is shy to the 4 qtr avg of about 9% and the 8 qtr near 10%. To state the … [Read more...]

Name That Trade – $CMG: Mexican Standoff

NameThatTrade

Following Chipotle's (CMG) Q3 results on October 20th, the stock did the unthinkable, it sold off.  The stock's one day decline the next day was the result of management's forward guidance that same … [Read more...]

$CMG Q3 Earnings Cheat Sheet

CheatSheet

Event: CMG reports its Q3 results tonight after the close, and the options market is implying about a 7.5% one day move. Over the last 4 qtrs, the avg one day move has been about 11.5%, and the 8 qtr … [Read more...]