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Chipotle (CMG): Q2 EPS of $2.56 beats by $0.26. Revenue of $690.9M (+20.9% Y/Y) misses by $16M....

Chipotle (CMG): Q2 EPS of $2.56 beats by $0.26. Revenue of $690.9M (+20.9% Y/Y) misses by $16M. Shares -6.5% AH (PR)
Comments (14)
  • chopchop0
    , contributor
    Comments (3228) | Send Message
     
    EPS beat yet stock down 6.5% That's why you don't buy nosebleeders like CMG LOL
    19 Jul 2012, 04:23 PM Reply Like
  • madmax3536
    , contributor
    Comments (46) | Send Message
     
    many margins are examined, to get in the weeds , past and future
    19 Jul 2012, 05:28 PM Reply Like
  • wrynot
    , contributor
    Comments (201) | Send Message
     
    a good company, but unfortunately the stock's been priced like they had a cure for cancer instead of a good fast food story. Chipotle, meet your new friends Green Mountain, Boston Chicken and Krispy Kreme.
    19 Jul 2012, 04:28 PM Reply Like
  • sean.parmelee
    , contributor
    Comments (790) | Send Message
     
    Look at a line chart for January through April. Any time you see a stock literally moving in a straight line upward, day in, day out, for four months, get the hell out. This is a fast food restaurant, people, no matter how good of one.
    19 Jul 2012, 11:19 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Does this mean the bottom is in? /sarc
    19 Jul 2012, 04:48 PM Reply Like
  • wrynot
    , contributor
    Comments (201) | Send Message
     
    Companies w/ $12B market caps growing at single-digits should not be priced at over 2x that growth and 48x their earnings. Especially with costs (food!) going up and an inability to pass along prices to price-sensitive customers. It's that simple. Doesn't mean stock can't open at $363 (where I see it crossing after hours tape now) and dance up to $400 tomorrow. But investors counting on that do so contrary to proven investment adages.
    19 Jul 2012, 05:17 PM Reply Like
  • realornot
    , contributor
    Comments (1281) | Send Message
     
    Beans bags, anyone????
    19 Jul 2012, 05:47 PM Reply Like
  • amuhsin
    , contributor
    Comments (48) | Send Message
     
    People were looking for a reason to let go, they found it. It's a correction that was past due. I wouldnt get in over 300, its a great company, dont get me wrong, but it's just too high.
    19 Jul 2012, 06:09 PM Reply Like
  • Ricardo Espinosa
    , contributor
    Comments (456) | Send Message
     
    Getting closer to that $285 target price http://seekingalpha.co... , sadface for burritos everywhere.
    19 Jul 2012, 06:13 PM Reply Like
  • bulskyn
    , contributor
    Comments (3) | Send Message
     
    Buy the rumor... sell the news.
    19 Jul 2012, 06:29 PM Reply Like
  • Sebanightwish
    , contributor
    Comments (1041) | Send Message
     
    The upward cycle for CMG think it over. The quarter was in line with expectations even beats, but can not sustain a market value of nearly $ 13B
    19 Jul 2012, 06:47 PM Reply Like
  • analystsucks
    , contributor
    Comments (2) | Send Message
     
    Wrynot: What would you say about SanDisk? Earnings down (5 cents vs 18 cents), revenues down, gross margin halved.

     

    Stock up 12 % AH.

     

    $9B market company made $15M in whole quarter. how owuld you justify their P/E?
    19 Jul 2012, 10:39 PM Reply Like
  • wrynot
    , contributor
    Comments (201) | Send Message
     
    Don't know enough about that sector of tech to have an informed opinion, but will look at it. Fast food restaurants are an easier thing to figure out, since I eat ;-D. And this one reminded me so much of Krispy Kreme I had to do something. Up to now I've just shorted calls, mostly made $, had to cover and lost once. But Wednesday, I decided to buy 10 AUG350 puts. Paid $2.58. Next to buying AAPL600 calls last Dec (which I still own), lookin' like my best trade of the year (IRR-wise at least).
    20 Jul 2012, 08:52 AM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11058) | Send Message
     
    There are few stocks as overpriced as CMG like Salesforce. And all of them have much more defensible barrier to entry than CMG. Personally, I'd rather get real Mexican food for a lower price, but that's just me. I still categorize CMG as a fad much like Crispy Creme, Mrs. Fields Cookies, Boston Market, Frozen Yogurt, etc. We all know what happened to these after the allure moved to something else.

     

    It may not be now... but it will happen.
    20 Jul 2012, 03:08 AM Reply Like
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