Chipotle Continues to Fall

In May, I listed 13 stocks to avoid. Since then, most of the stocks have dropped. The biggest loser is Chipotle ($CMG) which is off over 41% since I first listed it.

The sell-off has brought the stock back closer to reality. In my opinion, a fair value for CMG is $195.

Posted by on October 23rd, 2012 at 10:56 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.