Scott Wachsler's  Instablog

Scott Wachsler
Send Message
I manage Wax, a baseline equity research company comprised of individual investors not licensed or registered with any government agency. I have been all cap value investor and independent equity researcher for the past 30 years, and believe that patience is the key to successful... More
My company:
Wax Ink
My blog:
Wax Ink
  • Value Alert - Chipolte Mexican Grill 0 comments
    Feb 15, 2013 5:58 AM | about stocks: CMG

    TEXAS (Feb. 15, 2013) Wax Ink has issued a SELL rating for Chipolte Mexican Grill (NYSE: CMG) based on a recent value review which placed fair value between $76-$94.

    The stock closed recently at $317.12, approximately 593% above the fair value buy target and approximately 237% above the fair value close target. The recent close is 2% below analysts' mean target of $325.

    In the past 52 weeks, share prices have moved between a high of $442.40 and a low of $233.82.

    Chipolte Mexican Grill develops and operates casual Mexican food restaurants across the U.S., and in Toronto and London.

    All valuations are based on the listed company's most recent SEC 10-K filing, and all prices are per share.

    Wax Ink is a baseline equity research company comprised of individual investors NOT licensed or registered with ANY government agency. Please obtain the advice of a registered investment professional BEFORE considering any information obtained from this site.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: CMG
Back To Scott Wachsler's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.