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I like the stock and base. I would have liked to see it close more in the upper range for the day. Volume was good @ 1.2 million. I've never tried their food. :-)
I tried a post that didnt work caused page crash lots error messges. Maybe seems my goog spellcheck was problematic?
So is my spelling.
Missed my chance to be prophetic as now market is showing weakness and Meli action is in the rinse mode.
Excellent post and really like the zoom mode and ability to move chart about in zoom.
Anotations works well here havnt tried to post one . Had brought up chart in new chart window unable to use tools to mark volume area in chart or save mark ups without tool box showing.
Problem I have with cmg's food .... is it value for money hmm I guess im blessed by living near some of the best tasting Fajiatas in the world which is also sad when you go somewhere else and there not as good.
Well at least there convenient .
And... they make great burritos!
Did you see the gap today? You'd never know we were in a correction.
Had a burrito last night, by the way...delicious...basically the stock is paying me to eat their burritos as it keeps going up.
Although your BreakOut failed, I like this stock. This is a tough market. The stock still gets strong scores across the board on IBD metrics. My fundamental belief is that with about 1,000 stores now, they can ultimately expand up to around 3,000 over the next several years. Per store performance and growth have both been respectable in this bad economy. People are probably eating there more because it is cheaper than many alternatives, quick, and fairly healthy. The PEG ratios are decent looking out over the next couple years.