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The Company develops and operates fast casual, fresh Mexican food restaurants serving burritos, tacos, bowls and salads.
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rpgcliff1 (34.94) Submitted: 2/20/08 7:25 PM : Start Price: $109.01 CMG Score: -14.01
Chipotle is just plain awesome, they have the best burritos I have ever had and I know many others that love the food too. The stock has been overvalued recently, but with how busy I always see the restaurant and how I constantly see new ones built that are also instantly busy, I know the stock will rebound and continue its upward trend.
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Lancearoni (59.75) Submitted: 5/02/08 12:09 AM
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call me crazy (or a newb to the investing world) -- or both! ....But I think it takes more than 'awesome food' to maintain positive growth, especially in this industry. Litigation against fast food companies which is, God willing, just around the corner, is going to send these fatties swirling down the drain.
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peteriehl (99.06) Submitted: 5/02/08 1:52 PM
Forgive my pun, but...Some times it is good to invest w/ your gut, unfortunately this (at the moment) isn't one of them. Read any of the pitches describing CMG as to why it's going to decrease in value.