Shake Shack (SHAK) is slowly grinding higher on takeover speculation. SHAK will break out one of these quarters and be a darling stock in 2017.
I know people who mystery shop for SHAK and they were lamenting at the lack of sales and customers because their able to get a full picture of the buildings. If the analyst can use CAKE to gauge JWN why can't we use the words of Mystery Shoppers lamenting how few customers were there when they visited? I think the Option Market Makers will correct the price like they so perfectly did with CMG! Good Luck to what ever position your in!
Shake Shack (SHAK) rallied back up into the $41's on Monday with earnings expected on Wednesday. SHAK will break out one of these quarters and be a darling stock in 2017.
No way. 87 stores. 121 PE. No Divy....This is not CMG. Not even close Short interest on the float is 47%. On shares outstanding its 7.6% If the S&P corrects..... This puppy will see the low $30's in the blink of an eye. Not being negative here... just sayin'.... Don't buy the hype. I'm sure earnings will beat like all get out. Sell the news if u own it bro.
Option Market Makers priced in this stock almost perfectly, no huge 400% returns, I figured they were tight with SHAK. The Call writers made bank, interesting how SHAK did not collapse showing it to is still tagging along with Mr. Market. The "Wall Of Fear" we continue to climb tells me we shall hit 19500 if Hillary get's elected by December.