Chipotle Mexican Grill: Beware of Value Trap [View article]
We got sucked in, too and bought @ 99, or 40x trailing....now we are sufferring -- what do you see as a support level for this stock???
I thought it was 80 but have to revist my EVA/DCFs, cause that's not it, at least in this tape where the risk is heightened ("higher R") and the mkt is pricing in lower "g" (denominator of the PE model, blah blah blah)...that is a recipe for compression...
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We got sucked in, too and bought @ 99, or 40x trailing....now we are sufferring -- what do you see as a support level for this stock???
Jul 15 18:30 pm
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All Comments by Dan Jacome »Chipotle Mexican Grill: Beware of Value Trap [View article]
I thought it was 80 but have to revist my EVA/DCFs, cause that's not it, at least in this tape where the risk is heightened ("higher R") and the mkt is pricing in lower "g" (denominator of the PE model, blah blah blah)...that is a recipe for compression...