AwesomeAvani

CMG to split price SHORT

Short
AwesomeAvani Updated   
BATS:CMG   Chipotle Mexican Grill, Inc.
CMG has announced a split. Makes sense to make shares more affordable but fractionals are

widely available. CMG may be fundamentally challenged by the underpinnings of the fast food

markets. that is overeating and rising prices. In the meanwhile the anti-obesity and anti-

diabetes trends are pushing hard led by the bological injectable meds from LLY, NVO and

others. One third of the people eat one half of the food and now an effective treatment

for that addiction is becoming increasingly available. The writing is on the wall and food biz

executives can read that writing. Enough said.

I am going short on CMG. It's best days of growth may behind it. The company announced plans

for 4000 more stores nationwide. Really? Time will tell. I vote with my wallet. My position

will not be small. The predictive algo has its forecast. My education included both medicine

and engineering. I understand the power of biology and mathematics. I deeply respect

both.
Trade active:
Resistance 2985-3015 Price moved down a little to finish out the week/month and quarter ( fade from smart money longs realizing profits and new shorts taking new
positions- myself included). On to April
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.