4 ms·
Chipotle hit $500 for the first time ever: https://www.google.com/finance?q=NYSE%3ACMG&ei=R15hUrCcG6i2iAL_jgE https://www.google.com/finance?q=NYSE%3ACMG&ei=R15
by fersho311 13y ago
Chipotle hit $500 for the first time ever: https://www.google.com/finance?q=NYSE%3ACMG&ei=R15hUrCcG6i2iAL_jgE https://www.google.com/finance?q=NYSE%3ACMG&ei=R15hUrCcG6i2i...
As we head towards a strong earnings season, I feel that we might see many companies hitting their highest ever stock price, especially now that the government shutdown has been resolved (sort of)
- adventured 13y ago54 PE ratio, growing at 6%. Welcome to another extreme Fed bubble, round three. A round of POMO shots on the house! What happens to stocks with 60 and 80 pe ratios, growing at 6% to 12% when the music stops? Same thing that always happens. Need a Dr. Koop example? How about RetailMeNot (SALE). By the time this bubble is done, they'll probably have a $2.5 to $3 billion market cap, with not even the slightest of fundamentals to support that. Yellen's dove policy will see this stock market pushed to the limits, and then see it crash spectacularly, again. Repeating asset bubbles is the only trick they know.