Chipotle Mexican Grill Inc (CMG): expect huge miss, about 8-15million in v...

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Re: jimmybob post# 764

Tuesday, 04/12/2016 4:21:47 PM

Tuesday, April 12, 2016 4:21:47 PM

expect huge miss, about 8-15million in volume, and a $50-$100
cut in stock price on earnings.

it is going to be one of the ugliest reports of the year, maybe the worst.

possible downside move last seen in LNKD or VRX

the trend line is awful, the weekly sell volume to buy volume is atrocious.

I have a $325 price target, maybe closing the year out at $355-$370.

wall street want higher oil, higher oil raises costs, cuts spending. if I was an institution holding this, I would have been out a long time ago. Shorts are going to crush this far below reasonable levels, so it could actually dip into the $200's short term.

PE is still too high and many sites have earnings for the full year coming it at around $6-$7. start crunching those numbers at it gets scary. PE of 30 x 7 is $210!!!!!

LNKD and VRX as shorts of the year could meet their match