SHAK

I'll short it next week.

 

It feels heavy absorbing all the shares thrown down at $38 but it will break like CMG did. CMG had its earnings reaction going from $410 up to $447(I think) and cratered down to $390 because the earnings were so mixed. Your trade will go good once we get the Happy Bull Market to calm down some. You think it will hit $35 if we get some type of event to shake those shares out?

 

I think a fair value is about half of what it is....or less... I don't care how touchy feely it is. They can serenade their cows with Moon River, feed them tofu, and serve them Sleepy-Time Tea for bed.... ain't no hamburger joint worth 15 Million a pop.

 

This is pulling back after a huge earnings run. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.

 

Shake Shack (SHAK) is pulling back after a huge earnings run. SHAK will break out one of these quarters and be a darling stock in 2017. The stock is a buy near $30.

 

This is something I could get interested in again if and when it gets back down to 32.

 

Likely see some more selling pressure and a test of 30 again.

 

$SHAK a new long "IF" 37.29 is broken. Targets 37.98, 39.87 & 42.94. Bears must retake 35.03 first.

 

I know the world is ending and everything but if this touches 32 I'm buying

 

I have watched and traded it for 8 months, it's got a floor around 32 then runs to 40ish, then back down it goes. I'll buy some more at 32.50