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Is Shake Shack (SHAK) the next Chipotle (CMG)?
Posted on 5/22/15 at 12:22 pm
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
LINK
Posted on 5/22/15 at 1:49 pm to Crescent Connection
I think so, I'm jumping in next week. Going to sell a mutual fund and buy shak for the Roth
Posted on 5/22/15 at 3:21 pm to Crescent Connection
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 on 5/22/15 at 6:47 pm to Crescent Connection
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.
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 on 5/22/15 at 7:40 pm to Crescent Connection
I ate at one in DC. It was good but not great.
Posted on 5/28/15 at 10:23 am to Crescent Connection
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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