Stock Market Discussion

theghost206 · Fri Nov 20, 2015 7:09 pm

Anyone have any thoughts on Chipotle Stock? This E. coli story is killing the stock. I haven't been following it too close but was down $24 one day acouple weeks ago. Down $75 today. At what point is it a good buy with the hope that the business model stays the same and the E. coli story fades.

jamel-d · Fri Nov 20, 2015 7:25 pm

theghost206 wrote:Anyone have any thoughts on Chipotle Stock? This E. coli story is killing the stock. I haven't been following it too close but was down $24 one day acouple weeks ago. Down $75 today. At what point is it a good buy with the hope that the business model stays the same and the E. coli story fades.

Until this problem is cleaned up, CMG will be very volatile. This stock probably has a good deal of falling left. It's taken about a week for people to get sick after eating there. Probably more getting sick next week.

Coltrane · Sat Nov 21, 2015 11:09 am

CMG has such a high price even with falling that I don't know that the return would be worth waiting it out.

1000steps · Sat Nov 21, 2015 12:15 pm

http://www.marketwatch.com/story/why-yo ... 2015-11-19

optimusGRRR · Sat Nov 21, 2015 10:01 pm

Coltrane wrote:CMG has such a high price even with falling that I don't know that the return would be worth waiting it out.

The fact that the share price is in the $500s is just a function of the number of share sissued; there's just fewer pieces of pie, not a bigger pie so to speak. The price/earnings ratio on the other hand is a little high at a multiple of 36; if the stock keeps downtrending due to the ecoli thing, but earnings continue to grow as forecast, CMG should become compelling from a valuation perspective.

MrWorldWide · Thu Dec 03, 2015 8:39 pm

I'm buying Energy stocks ... they are horribly low this year. they'll come back.

jamel-d · Fri Dec 04, 2015 1:02 pm

jamel-d wrote:
theghost206 wrote:Anyone have any thoughts on Chipotle Stock? This E. coli story is killing the stock. I haven't been following it too close but was down $24 one day acouple weeks ago. Down $75 today. At what point is it a good buy with the hope that the business model stays the same and the E. coli story fades.
Until this problem is cleaned up, CMG will be very volatile. This stock probably has a good deal of falling left. It's taken about a week for people to get sick after eating there. Probably more getting sick next week.

CMG has rebounded nicely the past 2 weeks. However, today the CDC announced 8 new cases, stock currently falling 3.5%.

mattkardish · Sat Dec 05, 2015 1:01 am

taking the cfa level 1 in 8 hours lol

rubberneck · Wed Jan 20, 2016 5:27 pm

What a day...

1000steps · Wed Jan 20, 2016 5:33 pm

Skyrocketing OOF index

comountaingolf · Wed Jan 20, 2016 5:52 pm

MrWorldWide wrote:I'm buying Energy stocks ... they are horribly low this year. they'll come back.

Assuming they are still in business. I have a TON of O&G clients that are pretty much 'zombie' companies producing and making interest payments. It's getting drymounting scary out there when it comes to O&G, though I have little sympathy after a 10 year boom and too many Execs with multiple homes. Ever heard of setting aside some Cash Reserves instead of putting IT ALL into Exploration?

Wed Jan 20, 2016 8:53 pm

mattkardish wrote:taking the cfa level 1 in 8 hours lol

Mmmmmm, Chick-Fil-A

sidewaysscott · Wed Jan 20, 2016 9:17 pm

comountaingolf wrote:
MrWorldWide wrote:I'm buying Energy stocks ... they are horribly low this year. they'll come back.
Assuming they are still in business. I have a TON of O&G clients that are pretty much 'zombie' companies producing and making interest payments. It's getting drymounting scary out there when it comes to O&G, though I have little sympathy after a 10 year boom and too many Execs with multiple homes. Ever heard of setting aside some Cash Reserves instead of putting IT ALL into Exploration?

drymounting scary is right.

hax0n · Wed Jan 20, 2016 9:49 pm

Oil has bottomed tho right?

sidewaysscott · Wed Jan 20, 2016 9:57 pm

hax0n wrote:Oil has bottomed tho right?

I'm not sure if you're serious. I don't think it's hit bottom. fudge, dropped $1.91/bbl today. I'm guessing it'll drop to $15/bbl. Bloody drymounting mess.

EDIT: fudge, didn't realize it rallied back today, and not the down 1.91 i thought... Regardless, I don't think we've seen the bottom yet.