The main theme of the thread is many of us expected SHAK to crash after the insider lock down came off and it's exactly what happened. Surfer seems to think he's done something unique and his "price drivers" told him something, but if anything those indicators made his entry points really bad ( after all be bought SHAK at $91 to cover his shorts this year; think about that for a second ). The short position on SHAK has been massive all year. So it was actually a crowded trade, contrary to what Surf likes to promote ( promotion, not trading, is his business after all ).
Jimmiebarton, stop posting idiotic posts and insulting respectable posters on this thread. Absolutely ridiculous, you need spanking boy :eek:
$SHAK tanked below $60 after the company priced the insider offering at $60. SHAK is now a buy between $50-$60
No one is going to be running to shake shack and paying $15 for lunch when the next recession is here, $8 dollar fast food hamburgers and $5 dollar shakes usually sell when wall street is at highs, once wall street collapses most of those 20 and 30 somethings who love to take pictures of their fucking food will be bringing in their peanut butter and jelly sandwiches and capri sun to work...
Disagree. If $50.00 is violated this time-- price will not recover and $25 is the next stop. Good luck! surf
hahahahahahha...hahhaha that's why hahahaha...i keep...hahahaha..coming back here ...hahaha you guys make me ...oh sh^t hahahaha
completely overrated, I can make the same great tasting hamburger at home using $3 dollars worth of high quality beef, only fools pay $25 for a burger that is only worth maybe $3.75.