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I like where you are going, but some ideas need some more quantifying here. For ex: UA is obviously a very controversial stock, so you'd expect people to slam you if you call it a short and do not back up the prose with any real analysis. One could just as much say that UA is oversold (down 45% over the last year) and is ready to burn shorts if they report a better than expected number. you have to admit that most stocks in this environment are not trading on fundamentals, so I would love to hear more from you on UA. CC is a dice roll and AMZN is too big for me. UA I can play with, so tel us more please
They are using labor efficiencies and modest menu increases (1.5-3%) to offset higher ag costs. Corn is feed for chicken and both prices for those inputs have popped like a basketball released from underwater. We would pick up CMG down here. If 100 is resistance, buy @ 80, but there is a lot of $ on the sidelines that is still liking the longer term story and we have never had a pullback this large in Chipotle stock (200 day). Fresh capital would likely get interested if the bounce proves short lived.
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