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/biz/ - Business & Finance

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18872967 No.18872967 [Reply] [Original]

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

>> No.18872975

same

>> No.18872996 [DELETED] 

>>18872967
it’s bretty good desu but definitely not $875/share good

>> No.18873001

>>18872967
Spics are becoming the majority, aren't they?

>> No.18873006

>>18872967
No drive through, chewy beef like bubblegum, hard uncomfortable yuppie furniture, sucks short short short

>> No.18873007

>>18872967
The money they print out of thin air has to go somewhere

>> No.18873015

>>18872967
it's a tech company

>> No.18873022

>>18873001
kek they don't even eat here, they just serve it

>> No.18873032

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

>> No.18873055

>>18872967
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

>> No.18873062

>>18872967
Mexican scammers have to launder their Trumpbux somewhere

>> No.18873075

Its all emotion-based investing.

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

>> No.18873087

stock go up

>> No.18873100

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

>> No.18873119

>>18873032
This

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

>> No.18873120

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.

>> No.18873140

>>18872967
The fuck.

>> No.18873173

>>18873100
I seriously can't believe how dumb some people are on here.
They probably haven't even heard of EPS before.

>> No.18873184

>>18873120
the only mistake they made was not timing the bottom, UCO will recover, its not a decaying ETF

>> No.18873208

>>18873100
man, it's a $24B market cap that just keeps going up

>> No.18873215

>>18873100
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.

>> No.18873237

>>18873184
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

>> No.18873291

>>18872967
food deliveries are huge right now, and uber eats #1 shit is chipotle

>> No.18873343

>>18873001
Chipotle was started by two white dudes going to college Denver University
They still have their first location

>> No.18873359

>>18873291
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"

>> No.18873361

>>18872967
You think thats bad? Look at TSLA and netflix.

>> No.18873364

>>18872967
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.

>> No.18873390

>>18873364
its 24 fucking billion dollar market cap!

>> No.18873397

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.

>> No.18873419

>>18873032
>>18873006
I feel like I'm the only person in my rl group of acquaintances that hates this place. You guys are alright.

>> No.18873427

>>18873364
nope it means its 90x more than ford. dont argue I dont care what you say

>> No.18873445

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

>> No.18873501

>>18873006
Chipotle is delicious. Short them and get ready to eat your fucking balls.

>> No.18873544
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18873544

>>18873445
I know right? I can't believe these are the people that are giving advice on /biz/. Holy shit. Mfw reading this thread.

>>18873427
I fucked up the math. It was actually x175
>What is market cap
>La la la la not listening la la la not listening

>>18873390
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.

>> No.18873581

>>18873359
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

>> No.18873586

>>18872967
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

>> No.18873607

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.

>> No.18873620

Taco bell it easily 5 or 6 times better, Chipotle quality is trash and that becomes apparent the second you take a bite. It's like a normal priced meal too so you don't even save anything. Must be like subway where it tastes like trash but people think it's healthy because a fat guy says he eats there.

>> No.18873663

>>18873586
>not getting extra rice and beans for no extra cost to you
>not getting tortillas on the side for no extra cost to you
>not getting their vinaigrette sauce and putting it over everything
>not ordering a Quesarito
ngmi bro

>> No.18873677

>>18873581
dude, I already said I trade with this in mind now. I trade meme potential, not fundamentals. I also jump on shit that I think normies will jump on, even when I really think it's a dumb call sometimes. it's easy to make money this way because it ends up being way more volatile than stable boomer shit.

>> No.18873703

basically, just assume the market is dumb and play it like you imagine a retard would play it. it's effective with stocks just like it is with crypto

>> No.18873730
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18873730

>>18872967
>not buying at the bottom 2 yrs ago
>not buying now

Stay poor, retards. You will never, ever make it because deep down you love being poor.

>> No.18873750
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18873750

>>18873343
B-b-but how can I justify my racial hatred!!!! Reeeeeee!!!!

>> No.18873751

>>18873586
>Faginas
what is that?
also, pico with sour cream, no cheese

>> No.18873950

>>18873586
mayo and sour cream are not the same thing, pal

>> No.18874133
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18874133

>> No.18874204

>>18874133
Which is why the old adage is to always do the opposite. That’s not to say I’m buying chipotle, just sayin’

>> No.18874342
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18874342

>>18874133
>TSLA, NFLX, CMG
>not overvalued to fuck

>> No.18874392

>>18873032
okay you make me a burrito that's gonna make my asshole bleed then we can talk

>> No.18874495
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[ERROR]

>>18872967
How does a shitty burrito factory get to 875? My god we need a crash.

>> No.18874594
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18874594

>>18872967
1000 stock price * 1000 stock pool = 1 million
10 stock price * 1000000 stock pool = 10 million

Second company is worth more than the first
Do you comprehend?

>> No.18874671

God I hate this whole fucking website. /biz/ has been shit since 2018