Chipotle down 19% [NotSoBreakingPrice] - MarketTicker Forums


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User Info	Chipotle down 19% in forum [NotSoBreakingPrice]
Striker754 Posts: 671 Incept: 2009-07-09	Looks like fairly decent earnings to me. http://online.wsj.com/article/BT-CO-2012.... There's no doubt that they are overpriced, but everything before hand looked like folks were expecting a slowdown in their same store sales so not sure why they are getting hit so hard. Maybe I'm just angry that I was going to buy a few July 380 puts as a lotto ticket, but didn't. Too scared of the cult following, expectations baked in, and the low float/high institutional ownership. No biggie would have only been a 22 bagger. ACKKKK Buy some longer term calls here or is the growth story over? 2012-07-20 08:44:03 Permalink
Pooslinger Posts: 4378 Incept: 2007-11-06 Illinois	2012-07-20 09:55:27 Permalink
Muscleknight Posts: 3985 Incept: 2007-06-26 Columbia, SC	-89 down like 1999 ---------- My Financial Avatars - http://s677.photobucket.com/albums/vv131.... A rumor isn't true unt 2012-07-20 10:05:02 Permalink
Arpwatch Posts: 3051 Incept: 2009-11-06	Maybe people see incoming rising food prices? 2012-07-20 11:03:30 Permalink
Gamma Posts: 5546 Incept: 2008-01-20 Northern CA	Or it could go rocketing higher! ---------- This stuff we're going through, this is nothing compared to the Middle Ages. They told me if I voted for John McCain, an idiot would be a heartbeat away from the presidency. Sure enough... Last modified: 2012-07-20 11:14:38 by gamma 2012-07-20 11:13:49 Permalink
Dakine2004 Posts: 9229 Incept: 2007-10-23 MD.MI.NC.SD.	Holy Cow - prices on some of those over night puts... serious Home Runs... 2012-07-20 14:40:28 Permalink
Striker754 Posts: 671 Incept: 2009-07-09	Yep those puts were amazing. I figured it would move about 5% either way so I was eyeing the 380s. Totally did not expect this kind of tankage! 2012-07-20 20:56:13 Permalink