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Shake Shocker: Each SHAK "Restaurant" Is Now Worth $53 Million

Tyler Durden's picture




 

Yesterday the average SHAK restaurant was worth $48 million. Today it is $53 million and rising, following the overnight 6% surge in the company's market cap. Because why not.

 

A gentle reminder...

 

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Fri, 05/22/2015 - 09:40 | 6121163 Pladizow
Pladizow's picture

And their burgers suck!

Fri, 05/22/2015 - 09:43 | 6121178 ZeroIntelligence
ZeroIntelligence's picture

SO BULLISH

Fri, 05/22/2015 - 09:51 | 6121198 WTFMOFO
WTFMOFO's picture

They selling fur burgers outta this joint or what?

Cause I'm def a Fur Burgler....of course the fur is so 1980's.

(Que old school porn music)

 

 

Fri, 05/22/2015 - 09:53 | 6121211 NoDebt
NoDebt's picture

Bow-chicka-wah.  Bow-chicka-wah-wah.

Fri, 05/22/2015 - 09:54 | 6121217 pods
pods's picture

That's a pretty fuckin good milkshake.  

https://www.youtube.com/watch?v=zoJAc_aSM7E

Fri, 05/22/2015 - 10:17 | 6121318 max2205
max2205's picture

They are doing this as you can't short and options have not started

 

 

Fri, 05/22/2015 - 10:23 | 6121336 Obchelli
Obchelli's picture

Burger suck? Yes Big DO DO

But economy sucks and Market at all time highs on every index... Looks logical to me...

Fri, 05/22/2015 - 10:33 | 6121366 Boxed Merlot
Boxed Merlot's picture

you can't short and options have not started...

 

What's the timeline for release on these devices?  Are you sure I can't place that bet in another casino, say like in London or HK?  What's the use of a NWO if all these gaming clubs aren't interconnected?

Tue, 05/26/2015 - 18:19 | 6133982 prodigious_idea
prodigious_idea's picture

I wonder if the folks at Time know what they're getting into referencing ZH.

http://time.com/3894511/shake-shack-restaurants/

Fri, 05/22/2015 - 09:41 | 6121165 Osmium
Osmium's picture

JHC.  And I thought Chipotle was WAY overvalued.

Fri, 05/22/2015 - 10:03 | 6121262 Jack Offelday
Jack Offelday's picture

Has anyone ever seen a latino in a Chipotle (besides working in the kitchen)?  $8+ burritos are for stupid gringos.  Who are SHAK's stupid customers?

Fri, 05/22/2015 - 10:12 | 6121301 wallstreetapost...
wallstreetaposteriori's picture

Must be where all the latinos are.

Fri, 05/22/2015 - 16:09 | 6122712 sun tzu
sun tzu's picture

I've seen plenty of Mexicans eating there. It's not real Mexican food, but better than Taco Hell or Taco Malo.

Fri, 05/22/2015 - 09:43 | 6121173 SoilMyselfRotten
SoilMyselfRotten's picture

But you can't eat stock certificates...

Fri, 05/22/2015 - 10:09 | 6121284 scrappy
scrappy's picture

Love SHAK baayabeee.

Fri, 05/22/2015 - 09:43 | 6121177 markar
markar's picture

Can I have a side of tulip bulbs with that burger?

Fri, 05/22/2015 - 09:44 | 6121181 ebworthen
ebworthen's picture

Hey, have you heard about Pets.com?  It's going to change the industry!

And that MySpace thing, totally buy it!  You'll be rich!  Easy money!

Fri, 05/22/2015 - 10:23 | 6121338 More Ammo
More Ammo's picture

You do mean that SpaceBook thing don't you?

Fri, 05/22/2015 - 09:45 | 6121186 Dr. Engali
Dr. Engali's picture

Because there aren't a thousand other hamburger joints to choose from in this country....., ridiculous.

Fri, 05/22/2015 - 09:54 | 6121218 NoDebt
NoDebt's picture

Insane valuations aren't just for dot-coms any more.

Fri, 05/22/2015 - 10:08 | 6121283 Rikky
Rikky's picture

welcome to a world with too much liquidity and nowhere to put it.

Fri, 05/22/2015 - 09:48 | 6121195 Bangin7GramRocks
Bangin7GramRocks's picture

Truly insane! How do non-window licking, supposedly educated people buy this stock? This, and the fact that there isn't actually a "market" is what gives you paper pushing shitballs a bad name!

Fri, 05/22/2015 - 09:59 | 6121239 pods
pods's picture

People will buy ANY stock today if they can sell it tomorrow for more.
Greater fool theory and gazillions of printed joobucks go together like anal sex and muppets.

pods 

Fri, 05/22/2015 - 16:12 | 6122722 sun tzu
sun tzu's picture

Nothing but a ponzi scheme momo stock looking for the greater fools. Each Shake Shack restaurant is worth twice as much as an entire Target store. 

Fri, 05/22/2015 - 09:49 | 6121199 foodstampbarry
foodstampbarry's picture

LIESman says the fundamentals are strong. I believe him.

Fri, 05/22/2015 - 09:54 | 6121216 Bangin7GramRocks
Bangin7GramRocks's picture

The fundamentals said that I shouldn't watch Zombeavers on Netflix. But I did, and I loved it. Run, don't walk to your TV and watch this shit. Pure genius!

Fri, 05/22/2015 - 09:49 | 6121200 Kilgore Trout
Kilgore Trout's picture

Sugar Shack = Jimmy Gilmer and the Fireballs

https://www.youtube.com/watch?v=ZqjVAgT74_A

Fri, 05/22/2015 - 09:51 | 6121203 tommylicious
tommylicious's picture

FUCK YOU SHAKE SHACK!!!!  BASTARDS!!!!

Fri, 05/22/2015 - 09:52 | 6121208 spastic_colon
spastic_colon's picture

money laundering is the new bestest thing.....what better place than US real estate and retaurants, nobody here should be shocked.  run cash thru your shack and then IPO double fun good clean dough.

Fri, 05/22/2015 - 09:52 | 6121209 Robert3620
Robert3620's picture

At the same time all mines are worthless because all they do is produce worthless metals that no one cares about. Every mine in the world should shut down and open up a hamburger joint outside, then at least they maybe able to raise thier shareprice.

Fri, 05/22/2015 - 10:42 | 6121420 actionjacksonbrownie
actionjacksonbrownie's picture

It won't be long before we start hearing about hamburgers and boating accidents. Personally, I plan to bury my burgers because I hate soggy savings.

Fri, 05/22/2015 - 09:52 | 6121210 new game
new game's picture

goose stepping towards the cliff...

all in, all good, til the exidos.

high stakes nerved out day trading.

one minute could be the difference.

been there and will never do that again...

waste of good life.

oh, the mistakes.

live, learn.

Fri, 05/22/2015 - 11:14 | 6121558 inhibi
inhibi's picture

Exactly.

Banks can keep on printing and printing. Its almost better that they go full retard at this point. 

They will learn their lesson when the 90% cant afford jack shit and is up to their eyes in debt in worthless currency.

Then all this will come crashing down. No one will even remember Shake Shack in 15 years.

I find it hilarious that these companies, that are copy pastes of other companies (like, seriously, how is Shake Shack different from In n Out or Five Guys?) are worth more than companies that actually innovate or at least manufacture complex products. 

People can deride biotech as a bubble, but at least they have some worth in that they have patents

Fri, 05/22/2015 - 09:55 | 6121223 Yen Cross
Yen Cross's picture

  I see a Southpark episode in Shake Shacks future...  Something along the lines of "Shitty Wok".

Fri, 05/22/2015 - 09:57 | 6121233 Billy Sol Estes
Billy Sol Estes's picture

Eagerly awaiting Freddie's Frozen Custard to file IPO.

Fri, 05/22/2015 - 10:52 | 6121456 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

There's always money in the banana stand

Fri, 05/22/2015 - 09:58 | 6121237 CHC
CHC's picture

I'm so fucking giddy with excitement - everything is AWESOME!!!!!

Fri, 05/22/2015 - 09:59 | 6121240 -.-
-.-'s picture

I'm curious to know if this increase in "value" for SHAK coincides most directly with the newest opening of Shake Shack in Austin, Texas. 

In fact, it is installed into an enitrely revamped and rebuilt shopping center off of south Lamar Blvd. that includes the removal of several businesses, the facelift of Alamo DraftHouse (where you go when you like the sound of chewing to movies), hundereds of over-priced ultra-modern condominiums/apartments/townhouses/dorm's, and, naturally, a new Café Medici (a coffee bar/study lounge/business center/nap pad/who are all these lemmings behind the looming layer of laptops and what do they make?). 

Where Shake Shack is in Austin only signifies to those whom did not spend enough time through the thickness of supposed boredom to rightly identifiy with the city they chose to relocate themselves: That is, it is where the marionette marketers demarc "Where The Action Is"

Fri, 05/22/2015 - 10:11 | 6121241 willien1derland
willien1derland's picture

Shake Shack reported sales of $118.5 million, income of $2.10 million & a market cap of $3.26 BILLION....I think they should rename the company Shake Chateau indicating they are expanding into the LUXURY BURGER FINANCING market & watch their market cap rival APPLE - Ms. Yellen, Ms. Yellen, please pick up the white courtesy phone in the lobby...your order is ready...

Fri, 05/22/2015 - 10:03 | 6121263 GMadScientist
GMadScientist's picture

Makes perfect sense....if the burgers cost $397 each.

Fri, 05/22/2015 - 10:07 | 6121276 Rikky
Rikky's picture

i've had it, nothing to write home about.  pretty much the same as any local place that serves up burgers, fries and shakes.

Fri, 05/22/2015 - 10:07 | 6121281 JoeTurner
JoeTurner's picture

Hey, can I get a liter of cola at Shake Shack ?!

https://www.youtube.com/watch?v=_MIQ8No2WZs

Fri, 05/22/2015 - 10:10 | 6121292 ejmoosa
ejmoosa's picture

The value of the shares represent the sum of all future earnings, and not necessarily the value of each location. 

 

Do you see each location being able to generate $53 million in profits going forward? 

 

I think most of us would agree that answer is hell no.

Fri, 05/22/2015 - 10:18 | 6121325 nakki
nakki's picture

I just read a story that the stock is SURGING because they might add chicken sandwiches. That should be good for another billion in market cap. I might be dating myself but remember when krispe kreme was a $60 stock (since in "investing" terms that was soo long ago). Then it became a $1 stock. $53 million dollar burger joint. WTF!!! Then again we do have $25 million dollar taco trucks. What a ponzi world we live in.

Fri, 05/22/2015 - 10:38 | 6121401 Yen Cross
Yen Cross's picture

  lol Krispe Kreme has market cap of 1.13b and is trading the 17.50 handle,and that's over priced. Shake Shit is another whole new dimension all together.

Fri, 05/22/2015 - 10:54 | 6121462 nakki
nakki's picture

You are correct. Actually Krispe Kreme's all time high was $108.50 before it split twice 2:1 in 2001. Traded up 48.50 after that. Couldn't find out what the all time high was in market cap, but based on the cap now looks like 4 billion or so. 

Fri, 05/22/2015 - 11:08 | 6121523 pods
pods's picture

At least KK has the sign that acts as a magnet for fat people. Well, to me as well.  Nothing like a hot Krispy Kreme.

pods

Fri, 05/22/2015 - 12:22 | 6121835 Jim in MN
Jim in MN's picture

And you can go to the Mall of America (MALL OF FUCKIN' AMERICA FUCKIN' A MAN) and watch them drop the dough rings in oil, and follow your KK all the way down the conveyor to your soon-to-be-landfilled box.

And get a bitchin' paper hat to look awesome in all day at the Mall too.  Man.

Fri, 05/22/2015 - 12:34 | 6121881 Yen Cross
Yen Cross's picture

lol I love a little cynicism before Old Yeller speaks today. ;-)

Fri, 05/22/2015 - 12:03 | 6121783 813kml
813kml's picture

I have inside information that Shaky Shack will soon start serving onion rings.  Also, their secret laboratory is working on a Happier Meal for the kiddies.

The stock will soon be priceless.

Fri, 05/22/2015 - 10:21 | 6121333 wstrub
wstrub's picture

CRAZY!

Fri, 05/22/2015 - 10:39 | 6121387 nakki
nakki's picture

My mistake, those taco trucks aren't taco trucks, they're grilled cheese trucks. They don't even serve MEAT. No wonder each Shake Shack is worth twice as much. Just a matter of time before Shake Shack goes the way of , what was the name of that company, Radio something. Can't remember they went bankrupt soo long ago.

Fri, 05/22/2015 - 12:23 | 6121839 Jim in MN
Jim in MN's picture

Dude, Radio Shaquille.  Don't you Wikioogle?

Fri, 05/22/2015 - 15:58 | 6122667 flyingcaveman
flyingcaveman's picture

Must be using the cows that all the government cheese came from.

Fri, 05/22/2015 - 10:44 | 6121427 insanelysane
insanelysane's picture

What the heck is a Zoe's Kitchen???

Fri, 05/22/2015 - 10:48 | 6121440 orangegeek
orangegeek's picture

yellen is long shake shack.

 

what a fucking cunt!!!

Fri, 05/22/2015 - 10:58 | 6121487 Panic Mode
Panic Mode's picture

I hope it will go up a lot more. I love roller coaster ride.

Fri, 05/22/2015 - 11:07 | 6121512 Mike Honcho
Mike Honcho's picture

Dot-com bubble, real estate bubble, burger bubble, all encompassed in a stupidity bubble.

Fri, 05/22/2015 - 11:46 | 6121700 NoWayJose
NoWayJose's picture

One SHAK equals just about One SHAQ!

Fri, 05/22/2015 - 11:47 | 6121713 NoWayJose
NoWayJose's picture

What a Unique Idea they have -- maybe someone else in the US should open a Hamburger restaurant!

Fri, 05/22/2015 - 12:28 | 6121853 Haka Matohi
Haka Matohi's picture

After all these years, FINALLY found where the beef is, right in front of the bull...

Fri, 05/22/2015 - 12:34 | 6121882 Fix It Again Timmy
Fix It Again Timmy's picture

This is what is known as a Cosmic Joke...The Universe is laughing its ass off....

Fri, 05/22/2015 - 14:26 | 6122331 R19
R19's picture

BULLISH - Take it and bid it.

Fri, 05/22/2015 - 15:00 | 6122453 R19
R19's picture

The only reason SHAK is bid is because a bunch of prissy Manhattan pricks who are bored out of their mind are fucking jobbing it around for the fuck of it.  Take that to the bank.

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