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Is Shake Shack (SHAK) the next Chipotle (CMG)?

Posted on 5/22/15 at 12:22 pm
Posted by Crescent Connection
Lafayette/Nola
Member since Jun 2008
2031 posts
Posted on 5/22/15 at 12:22 pm
Shake Shack trading at $93/share today. Chipotle was around that same price early 2010 and is currently trading at $623/share. And each location is worth $50M, compared to a Chipotle location at $10M. Insane. Anyone jumping on this train?

LINK
Posted by DaBeerz
Member since Sep 2004
16995 posts
Posted on 5/22/15 at 1:49 pm to
I think so, I'm jumping in next week. Going to sell a mutual fund and buy shak for the Roth
Posted by southernelite
Dallas
Member since Sep 2009
53178 posts
Posted on 5/22/15 at 3:21 pm to
Chipolte also had the luxury of learning and growing under the McDonalds brand before it went independent. Several of Chipotle's execs were pretty high up at McDonalds in the 90s
Posted by rintintin
Life is Life
Member since Nov 2008
16196 posts
Posted on 5/22/15 at 6:47 pm to
Who was it that made a thread about SHAK when it ipo'd? Said it very well could double in no time.

Then it doubled before it even opened to the public and everyone got scared saying it was overvalued. Well now it's doubled again.
Posted by Azazello
Member since Sep 2011
3185 posts
Posted on 5/22/15 at 7:40 pm to
I ate at one in DC. It was good but not great.
Posted by AUtigerNOLA
New Orleans, LA
Member since Apr 2011
17107 posts
Posted on 5/28/15 at 10:23 am to
I doubt it will be anywhere near the success Chipotle is. Chiplote has the edge in which it offers different "healthier" products(burritos, tacos, etc) and its a little more unique than another burger chain. Just MO of course
This post was edited on 5/28/15 at 10:24 am
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