Shares of Chipotle (CMG), down 10.4% AH, are now off 37% from where they traded just three...

Shares of Chipotle (CMG), down 10.4% AH, are now off 37% from where they traded just three months ago as the momentum finally wears thin for the stock. Whether Einhorned or not, the restaurant chain's comparable restaurant guidance for 2013 - set at flat to low-single digit growth - doesn't square away to traders with CMG's lofty earnings multiples.
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Comments (8)
  • Master Che
    , contributor
    Comments (108) | Send Message
    Another one of my calls (from 10 days ago) -
    stocks update -
    18 Oct 2012, 05:11 PM Reply Like
  • The Fox
    , contributor
    Comments (780) | Send Message
    Don't break your hand patting yourself on the back. Any bozo could have made that call....
    18 Oct 2012, 08:02 PM Reply Like
  • Jrod1184
    , contributor
    Comments (7) | Send Message
    I'm still confident in Chipotle, their food is delicious and it's a great atmosphere when you go inside one of their restaurants. I'm going to talk to some managers and see if I can help with the efficiency of the lines. :)
    18 Oct 2012, 05:42 PM Reply Like
  • Placebo Investment Advice
    , contributor
    Comments (4003) | Send Message
    Einhorn should have have looked within his own long portfolio for an even better short idea. He should have "einhorned" MRVL--which he bought in size in the last 16 months. Who knows? Maybe he has dumped it already. Everybody else has.
    18 Oct 2012, 06:01 PM Reply Like
  • Master Che
    , contributor
    Comments (108) | Send Message
    I agree - until 8.20 (MRVL) its a clear cut short - and it could reach 4.40 next year - CMG is a different story; we far from a bottom but it will turn - food - lower end - more growth
    18 Oct 2012, 06:04 PM Reply Like
  • New Century
    , contributor
    Comments (204) | Send Message
    Hoping that downgrades and end of year selling take this to $200
    18 Oct 2012, 08:21 PM Reply Like
  • oxcart
    , contributor
    Comments (6) | Send Message
    CMG offers the "best" food and "best value" for people concerned about quality, service and company values. Their loyal tribe of customers will never desert them for the slop that comes from the likes of Taco Bell or even Moe's. They need more locations and international expansion to expand their tribe.
    19 Oct 2012, 01:27 AM Reply Like
  • wrynot
    , contributor
    Comments (364) | Send Message
    CMG bulls keep missing the point...CMG is a good company...AAPL is a good company...The difference? Today, AAPL's share price is valued at ~14x its earnings, and 0.62x its PEG....CMG, even today at $244, its trading @ 27x times its earnings, and 1.3x its PEG. It's still an overpriced stock. If someone wanted to sell you a new BMW 325 for $150k, everyone would call that person an idiot to pay that, but somehow a share of stock priced the same way is considered a deal because their burritos are a cut above Taco Bell.
    19 Oct 2012, 10:26 AM Reply Like
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