I never realized Chipotle stock with this high. How is this even possible? It seems over valued as fuck

I never realized Chipotle stock with this high. How is this even possible? It seems over valued as fuck.

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same

Spics are becoming the majority, aren't they?

No drive through, chewy beef like bubblegum, hard uncomfortable yuppie furniture, sucks short short short

The money they print out of thin air has to go somewhere

it's a tech company

kek they don't even eat here, they just serve it

All they do is sell beans and rice to yuppie fags.

the whole market is retarded. it reminds me a lot of 2017 shitcoins in some ways desu. I legit think that a flood of retail entering the market....trading on Robinhood mostly.... has made it way more irrational than it used to be. TSLA is what it is because retails doesn't know the market, but likes the memes. same with something like chipotle probably.
I've started trading with all of this in mind.... buy up shit that has meme potential or appeals to the millennial normie

Mexican scammers have to launder their Trumpbux somewhere

Its all emotion-based investing.

If you FEEL its worth that then there'll be 10,000 other people who feel it too

stock go up

did you know that share price doesnt mean anything? KO would be a million per share without splits. Welcome to your first month on the stock market

This

They take the most simple ingredients and turn it into a minimum of $8 meal. It costs at most $2 to make

an example of what I'm talking about....
the day before the UCO reverse stock split, UCO options pumping like crazy because oil went negative. if you search 'oil' on robin hood, UCO was one of the results, so people were buying it....not realizing it's a decaying EFT....not realizing that it was going to reverse split and drop off a cliff...
anyone who bought UCO options woke up the next day to find them worthless or like 1/10 of what they bought them for. the market is full of dumb money right now.

The fuck.

I seriously can't believe how dumb some people are on here.
They probably haven't even heard of EPS before.

the only mistake they made was not timing the bottom, UCO will recover, its not a decaying ETF

man, it's a $24B market cap that just keeps going up

This.
The market cap (shares outstanding times price) of MSFT is $1.35 trillion, with a share price of $178.84, while AMZN's is only 1.15 trillion, but its share price is $2,315.99, because it hasn't split since 1999.
AMZN has fewer, higher-priced shares, but its equity is priced overall less (by $20bn) than MSFT's.

yes it is. that's why it does a reverse split ever year or so. the price literally goes down over time. same as your eth bear/bull tokens

food deliveries are huge right now, and uber eats #1 shit is chipotle

Chipotle was started by two white dudes going to college Denver University
They still have their first location

it's retarded and detached from reality. chipotle has pretty much bounced all the way back from the corona dip....but business can't be anywhere near what it was, not even half of what it was desu.
this is what I'm talking about. millennial normies ordering chipotle via uber eats and thinking 'wow, business must be booming for chipotle. must be booming for uber too. I'll buy the dip on Robinhood"

You think thats bad? Look at TSLA and netflix.

You mean the share price? Share price doesn't mean shit newbie retard. Value is determined by the market cap dumbass. Ford shares are like $5, does that mean Chipotle is x95 the value of Ford? No, obviously not. Jesus Christ.

its 24 fucking billion dollar market cap!

Market caps are not much different from Twitter followers these days and, if you still trade on fundamentals alone, you're never going to make it.

I feel like I'm the only person in my rl group of acquaintances that hates this place. You guys are alright.

nope it means its 90x more than ford. dont argue I dont care what you say

Holy fuck do people on this board actually care about share price?

Chipotle is delicious. Short them and get ready to eat your fucking balls.

I know right? I can't believe these are the people that are giving advice on Zig Forums. Holy shit. Mfw reading this thread.

I fucked up the math. It was actually x175
>What is market cap
>La la la la not listening la la la not listening

Then why is nobody talking about its market cap instead of its share price? Some retard talked about how overvalued Tesla and Netflix are as well. There are clearly tons of retards on this thread that don't even understand the basic structure of the stock market.

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if the millenial "normies" bought that dip, that means they've made money now. are you fucking mad? that "normies" are succeeding lmao who the fuck cares

This is now a bowl thread:

>Brown rice- tell them only one scoop cause they slam that shit if you dont
>Black beans- both sometimes
>Faginas
>Double Chicken-
>little bit of hot(otherwise its too much sodium)
>Cheese(not too much)
>Skip the mayo fat fuck
>Sometimes guac

Thats it, consistently good macros and tastes decent

wow i completely forgot about chipotle stock, been out of the game for so long. looks like they bounced back nicely after the e.coli outbreak that closed many stores. just another blade of grass in the clown reality. question is, how will you short this and when.