Chipotle Mexican Grill Inc (CMG)

[DowDeva]

I don't eat there, but hundreds of people on Yelp say since the new CEO took over it's really gone down in quality.

The first CEO really cared about his product and even said that he didn't approve of GMO foods. 'Coincidentally', there was a subsequent breakout of food poisoning in several of his restaurants. Stock tanks, CEO resigns, new CEO takes over and doesn't mention words like organic and non-GMO and stock recovers to new highs.

Turns out later several scientists found that the strain of food poisoning found in the Chipotle restaurants could only be grown in a lab, it is never found in nature.

So, as an environmentalist, I feel it is my political duty to short this stock, lol.

There's definitely some hand holding going on with the powers that be with this new CEO. He sells over a million shares at a new high? At $1050? During the coronavirus? And the stock doesn't tank?

I want to find out who he hangs with. This kind of thing really makes my blood boil.

Good luck with your decision, Ferda. It's a big one with a stock this pricey.

~d
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