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SHAK IPO

Posted on 1/30/15 at 7:35 am
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/30/15 at 7:35 am
Anybody gonna be watching SHAK this morning looking for an entry point? I was hoping sub $20, but that doesn't look likely. Gotta love the growth. Could this be the next CMG?

Shake Shack sold 5 million shares in its IPO for $21 each, Bloomberg reports.

"The price is significantly above the $17-$19 range expected."

"During the three fiscal years ended December 25, 2013, we grew from seven Shacks in two states to 40 Shacks across six states, Washington, D.C., and eight other countries, representing a 79% compound annual growth rate," the filing noted."

"Total revenue has surged from just $19.5 million to $82.5 million, which represents a compound annual growth rate of 62%."

LINK





Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 1/30/15 at 7:47 am to
Most liekly won't open under $30 but I'm a buyer with only 5MM in the float. This one could easily double/triple in the next couple days.
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 1/30/15 at 8:22 am to
too expensive if it opens up above 25


ETA: But hell, if its like GPRO I'll be dumb not to grab it and make some money. gotta get back to even off the UGAZ pain train
This post was edited on 1/30/15 at 8:24 am
Posted by Odinson
Asgard
Member since Apr 2014
2754 posts
Posted on 1/30/15 at 8:38 am to
looks like will open at 33-35
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 1/30/15 at 8:42 am to
Up to 34 - 36.


ETA: 37-39
This post was edited on 1/30/15 at 8:48 am
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 1/30/15 at 8:50 am to
40-41

too high for me
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80777 posts
Posted on 1/30/15 at 9:01 am to
44-46

Wow, short time?
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 1/30/15 at 9:02 am to
I'm showing an ask of $46. No thanks.
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 1/30/15 at 9:06 am to
I still think it will fly on the open but I may now move to another IPO such as Spark Therapeutics(ONCE). Low float and lots of demand for this stock and it's under the radar due to SHAK.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80777 posts
Posted on 1/30/15 at 9:12 am to
49.50

lawd jesus
Posted by jso0003
Member since Jun 2009
5170 posts
Posted on 1/30/15 at 9:22 am to
I want to short this thing so bad.

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