Thursday, July 30, 2009

CMG: Tasty Short?

Zachstocks published a piece on Chipotle Mexican Grill right after they released earnings, expressing caution towards the company's performance going forward, and its already-rich value.

I take interest as I always wanted to short CMG back in its pre-$100 days, but shares were impossible to borrow. I'm not sure whether or not it's actually feasable to short now... but it may be worth a look. If the general market weakens, watch for the bloated CMG to lead the decline.

Read the full article "Chipotle Earnings - CMG Getting Heavy" at Zachstocks.


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