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Shake Shack Fried - Nears Bear Market
From the post "home run" IPO highs of $52.50, SHAK is now trading $42.50 for a drop of 19% and nearing the dreaded "bear market" 20% drop... Unless you owned it at the IPO, you are a loser for now...
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Crazy
this shows you how fake the market is
THE IS NO MARKET ANYMORE, THE FED IS THE MARKET
The mention of 20% being some threshold to a bear market is just as stupid as the preposterous pricing to begin with.
THERE IS NO MARKET!
Pets.com
They could always change course and sell mobile phones, remote control cars and old stereo wires. Could work.....
I'm old enough to remember when they sold resistors, oddball parts, switches, and those Tandy products.
pods
burgers that fly on their own straight into any couchpotatoe's mouth will be the coolest thing in town next year. AMZN and GOOG are in a neck by neck race to bring them to market first. However, apple will once again eat their lunch (pun intended). After all, they have been producing the iBurger (better knwon as iMac) for years already. Oh wait, I may have mixed something up here...
Just like I commented on to the earlier Shake Shak article, it's a restaurant, and with a weak middle class, all restaurants suffer from the weak business model for eating out.
McDonalds has been struggling for years, haven't they? And it's not SS fault.
Sounds like the biz model for Skymall
Goldman to "investors:"
I drink your milkshake.
Goldman banker to the Aryan Brotherhood leader in the yard. "I drink your milkshake."
My Milkshake - Peter Griffin
https://www.youtube.com/watch?v=amviwNuN1jM
Year 2015.
Technologically & revolutionary hamburger & French fry purveyor IPOs for 108x EBITDA.
PURE STAWK BUBBLE v3.0 in last 15 years.
Still, there is a market, but I think it's Fed up...
Who falls for this crap? Come on, Shake Shak?
"BOOOO-YAHHHH" !!!
I KNEW IT....DEAD-GIVEAWAY TO A MKT TOP ORCHESTRATED BY THE 'GANGS OF NEW YORK'.
[J. MCCAIN'S "IRON TRIANGLE": WALL ST--K ST--HOLLYWOOD]
This is how the New York Boys are going to make money this year...hyping IPOs....its all they got now...lets bring back pro forma revenues...
This is a tremendous buying opportunity.
You'll never get this tech-company so cheap anymore.
They have patented a truly game changing burger.
The first thing I thought o here was Boston Market, and my college finance professor. Upon hearing of it's IPO success he remarked "Yah, when I cooked a chicken on a spit in the boy scouts, I never realized the gold mine I was sitting on."
Buy in the low 20s and then wait for it to jump to 70s. Just like Fuckerbook.
Ill take it after it falls to 20... or 15 ... or 10.
Then ride it to the moon, bitchez.
"Yeah, 220, 221. Whatever it takes..."
+ 100 for truly obscure movie quotes - Mr mom much?
Had to listen to more of the "fresh fast food" trending bullshit on "financial radio" last week. How McD and the rest are caught flat footed as a result of their supply chain model being locked into selling frozen crappy food. Versus what is hawked as fresh crappy food?
Market cap of Chipolte should be mind boggling enough to see where this end.
Yes I am sick of all the ....we love our chickens before we cut their throats...its like green food is better food....but its all a hype...
The one I love is when you see a sign that says "All of our chicken is vegetarian fed chicken!" I see that, and it makes me go "DERP!" Chickens are not herbivorous animals for fuck's sake. They eat damn near anything, given their choice.
They are very relaxing to watch though. They shit on their food and then walk around on it to mix it up real good before they continue eating it.
When my sister first got chickens, one of the things that she got excited about was that they ate black widows. She was just as comical as the chickens about that.
They put that on the egg cartoons too (vegetarian chickens). Our food is very disconnected from reality...
It's hilarious that 'range free' chickens seem to lay uniformly perfect size and colour eggs. bet most people have never seen what a real farm chicken egg looks like
+100
CMG is just outrageous. The fast-food bubble makes the dotcom, the housing and the biotech bubble all look totally rational.
That's not right. How can the price be going down? [/Mortimer]
"Unless that crop report?.........God help us!"
Bullish!
What's a Shake Shack? I don't live in NY.
The "trending" form of gas and diarrhea
If you've tried it, what other form of gas and diarrhea does it compare to?
Haven't had the pleasure. I stopped eating fast food a long time ago.
I get the impression it's like Steak 'N Shake (our Midwest hamburger and shake place).
I'm sure that was the idea they stole. It's not like these filthy animals have ever had an original idea of their own ever.
trendy $4-$9 Burgers, $5 milkshakes, beer & wine.
https://www.shakeshack.com/location/grand-central-terminal-nyc/
autofixer I believe DirkDiggler11 has the definitive answer on this, and I respectfully quote:
Shit Shack - Never heard of them before the IPO. Must be a Yankee kind of thing that only Wall Street traders like so they can go there and get a quick burger, then head to their spacious bathrooms to click their heels and play pitcher / catcher for the remainder of their "lunch" hour ...
Years ago, shake shack was a good place to go if you were in Madison Square Park in NYC. You could have a beer in the park without being arrested! That is a pretty good scam if you can swing it. The burger was besides the point. I'm not sure that business model scales.
I call this the "Krispy Kreme Effect".
<= unsustainable
<= unremarkable
Salmonela Shack
IPOs are for insiders to dump their pumped up shit to the muppets.
A fucking hamburger joint.. really..there are only so many ways to cook ground beef...or as Chili Plamer said
"that's a $5 dollar shake?" ..a shake cost $5 dollars better be a good fuckng shake
I went there ... once ... and ordered one of their fabulous shakes. It came in a cup the size of a coffee cup. Never saw a shake that small and overpriced. Apparently they use gold as one of the ingredients. They make McDonalds look upscale.
Hahaha hahahahahah...............
Watched Wolf of Wall Street over the weekend, and fucking hilarious how being charged with fraud on the Steve Madden IPO, yet Jordan Belfort was merely doing the same fraud that MS/GS/JPM do on IPO's.
Shaken... not stirred.
You gotta wonder who the losers on this deal are. You never seen them whining it up around here. Maybe if I clicked on the comments section on a CNBC article?
Note: I will not click on the comments section of a CNBC article.
Looks kinda Flaccid...
The only Shake Shack I want to see is a 20-something Olivia Newton-John in black leather pants... other than that, meh.
Let me guess, the tape in your VHS copy of Xanadu is nearly worn out.
Grease, but yeah. It's only worn out in one 3 minute spot.
.
Shake Shack is another Wall Street darling. Like Facebook. Hype it up.
But but but Potemkin's are up up up.
The only market is William Dudley at the NY Fed with all of infinite printed fiat.
uhh, they priced at $21. Thats $21. It's trading at 100% premium right now. If you got burnt on this trade, you deserved it.
you want flies with that
But all of the pageantry and free burgers out front!
"Shake Shak Suck" - Jack Ma
Wood(pulp) Shed
No shares available to short. That's not fair. Can't get in at the "IPO" price unless you're an insider and you can't short unless you're an underwriter. Fuck me you filthy fucking JEW KIKE Kocksucker!!!!
aaaaaaaaaaaaaaaaand it's gone......poof!
Shake Shack sliding into the shitter....call the Waaaaaambulance.......
maybe they can repurpose those shakes as enemas for GS partner MD's
Krispy Kreme redux. Wasn't that the Pets.com moment in the last market flame out?