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Scott Wachsler
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I manage Wax Ink.net, 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
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  • 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
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