Tuesday, February 2, 2016

Buy Chipoltle (CMG)

I bought Chipolte today for the following reasons;
- Stock down from $750 on 13oct15 to $404 on 12jan16 because of E. Coli outbreak.
- CDC announce yesterday that outbreak of E. coli "appears to be over".
- My kids and I like Chipoltle and eat there a few times a month.
- The store in South Burlington is ugly as hell but always full.
Price $474.73
Trade/Portfolio: 2.49%
Position/Portfolio: 2.49% (Opening position)


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