Wednesday, April 16, 2014

Bull Market Headline of the Day: Churchill Winces Edition (CMG)

Maybe Stalin too.
CMG is Chipotle Mexican Grill.
From Risk Reversal:

Chart of the Day – CMG: A Burrito Wrapped in an Enigma
We have not been huge fans of CMG as a stock, a burrito company selling at 5.x sales and 52x trailing earnings, a freaking burrito company. Obviously we have been on the wrong side of the call, but the set up into tomorrow morning’s earnings is worth highlighting, at least visually....MORE 
The stock is up another $11.18 to $551.72.