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Post by Emperor AAdmin on Feb 15, 2008 16:50:31 GMT -5
3300% up from the bottom in a clear overreaction (in fact that stock had mostly good news, it was an uptrend from the from bottom that was caused by irrational panic and the stock is at its long term bottom levels thus a pullback is in order and it is financially solid stock). finance.yahoo.com/q?s=cmgthe bottom was at $0.15/contract and from there it is a 3300% move back to $5.1/contract (at the point it was at $5.6/contract it was a 3,633% move from th bottom). Needless to say institutions were loadings positions at the bottom levels.
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Post by Emperor AAdmin on Feb 15, 2008 16:59:13 GMT -5
If a person was lucky enough to play this kind of stock option correctly twice a year a $1,000 investment would turn to $1,156,000 or from a grand to over one million. In just two moves. Wonders that stock options can do.
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rex362
Senior Moderator
Pellazg
PELASGIANILLYROALBANIAN
Posts: 19,058
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Post by rex362 on Feb 15, 2008 18:11:34 GMT -5
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Post by Emperor AAdmin on Feb 16, 2008 4:01:29 GMT -5
Yes it was amazing example of market manipulation by the big boys by using the (at first glance what appears conflicting news as on one side you have missed expectations and analyst downgrade and on the other side strong showing for the quarter as well analyst upgrade) news as they occurred starting Thursday afternoon when the first drop on price occurred last minutes of the trading hours and followed at 4:00pm sharp to drop from $108 to $92/share. From 92 level it was a pure uptrend pullback that continued into today as bellow chart shows (thus todays move was visible since Thursday's after hours). Nice example of overreaction that was milked by big boys. now lets look at the news from before 4:00pm into today that were moving the stock (from oldest relevant news to newest). ------- Thursday starting 4pm ------- Chipotle Mexican Grill, Inc. Reports Fourth Quarter and Full Year 2007 Results Business Wire (Thu, Feb 14)
Press Release / Source: Chipotle Mexican Grill, Inc. Chipotle Mexican Grill, Inc. Reports Fourth Quarter and Full Year 2007 Results Thursday February 14, 4:00 pm ET
-- Diluted EPS for the Quarter of $0.53, 61% Higher than 4th Quarter 2006 -- Diluted EPS for the Full Year of $2.13, 66% Higher than Full Year 2006 -- 37 New Restaurants Opened in the Quarter and 125 for the Full Year -- 10.6% Comparable Restaurant Sales Increases for the Quarter and 10.8% for the Full Year biz.yahoo.com/bw/080214/20080214005995.html?.v=1----- InPlay: Chipotle Mexican Grill misses by $0.02, reports revs in-line; guides low to mid-single digit comps for FY08 Briefing.com (Thu, Feb 14) finance.yahoo.com/marketupdate/inplay#cmg----- AP / Customer Visits Help Chipotle 4Q Results Thursday February 14, 4:34 pm ET Chipotle 4th-Quarter Net Income Increases 62 Percent, but Results Miss Analyst Expectations
DENVER (AP) -- Fast-casual restaurant chain Chipotle Mexican Grill Inc. said Thursday fiscal fourth-quarter profit rose 62 percent, helped by sales at new stores and more customer visits, but results fell short of analyst expectations. biz.yahoo.com/ap/080214/earns_chipotle.html?.v=1--------- Chipotle Posts 62% Net Increase; Shares Fall After Hours By Kathy Shwiff Word Count: 331 | Companies Featured in This Article: Chipotle Mexican Grill
Chipotle Mexican Grill Inc.'s fourth-quarter net income climbed 62% as same-store sales grew 11% on an increase in customer visits. But its shares fell 13% in after-hours trading as the results failed to meet Wall Street expectations.
The Denver-based burrito-restaurant chain reported net income of $17.5 million, or 53 cents a share, up from $10.8 million, or 33 cents a share, a year earlier. Revenue jumped 31% ... online.wsj.com/article/SB120302524120469499.html?mod=yahoo_hs&ru=yahoo-------- Friday-------- Chipotle Mexican Grill upgraded by Robert W. Baird Briefing.com (Fri 6:37am)
Upgrade from Neutral to Outperform finance.yahoo.com/q/ud?s=CMG--------- AP / Ahead of the Bell: Chipotle Friday February 15, 8:31 am ET Chipotle Shares Plunge in Premarket Trading on Profit and Revenue Shortfall
NEW YORK (AP) -- Shares of Chipotle Mexican Grill Inc. plunged in premarket trading Friday after the restaurant chain's fourth-quarter profit and sales fell short of Wall Street expectations.
Chipotle's profit increased 62 percent in the last quarter of the year, while revenue grew 32 percent, but both totals were slightly below analyst estimates. The company also forecast more modest profit growth in 2008, saying it is aiming for improvement of at least 25 percent.
The stock fell $12.55, or 11.6 percent, to $96.10 in premarket electronic trading. Chipotle shares have risen 82 percent over the last year, closing at $108.65 on Thursday.
At least three analysts, including Glen Petraglia of Citi Investment Research, lowered their price targets on the stock Friday. Petraglia said Chipotle is reporting higher spending and lower profit margins, and said he is concerned about the effects of the slowing U.S. economy and high ingredient costs.
His target decreased to $110 per share from $132.
Other analysts appeared satisfied with the results, with David Tarantino of Robert W. Baird upgrading the stock to "Outperform" from "Neutral" despite the miss. Tarantino said Chipotle is doing well despite high ingredient costs, and noted that the company's same-store sales grew 10.6 percent for the quarter.
"Strong same-store growth in the fourth quarter indicates a continuation of robust relative performance, especially when compared to trends for other fast-casual concepts and casual dining chains," he said.
Tarantino held a price target of $140 per share. He said that in 2008, Chipotle's margins should keep growing and efficiency may increase. biz.yahoo.com/ap/080215/chipotle_ahead_of_the_bell.html?.v=1------- New Star Analyst Rankings for CHIPOTLE MEX GRILL StarMine (Fri 9:33am) finance.yahoo.com/q/sa?s=cmg
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