Anthony Jackson
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The Rat Race Continues As I Begin To Lick My Lips On $CMG

Shares of Chipotle Mexican Grill, Inc. (NYSE:CMG) are falling sharply again today. Rats were found at a Chipotle in Dallas. This comes just days after another Chipotle saw patrons get sick from the norovirus. With all this happening, I am a buyer of this stock at $355.00. You might say, 'you are crazy!'. While it is true, I am crazy, I am also a smart investor and trader as my Verified track record confirms (Verified Investing dot com. First, there is a major technical double bottom at $355.00. Next, the norovirus, while bad press, comes from an employee not washing their hands. Restaurants all over the country have this problem every day. The issue is that there is a spotlight on Chipotle Mexican Grill these days. In regards to the rats? Same thing, resaurants have this issue all over the country. Go to any major metropolitan city. You will find rats. The bottom line is this. It is bad press for Chipotle Mexican Grill, which is not helpful. However, it is not systemic. The company will recover just like a retailer recovers from a hacking. There is significant value here and a technical bounce should come in after the $355 level is tagged.

 

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