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Shake Shock - SHAK Crashes 15% From Overnight Highs
From $79.94 exuberant bubble highs overnight to $67.50 lows now, SHAK has collapsed over 15% from its post-earnings highs as the reality of a burger chain selling for 100s of multiple of excited future earnings sets in...

Charts: Bloomberg
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Tsk, that didn't last long.....
a good shake is always over too quick
I wonder how much bounce and levitation this stock got just because it sounds like "Shaq" and therefore get's positive asssociation with the NBA star Shaquille O'Neal. Things like that sometimes play on people's emotions and decision making.
Interesting pov, I guess I thought it had more to do with 70% of 'murkins being overweight and the associated, proven, intelligence lost with every 10 pounds over ideal weight.
I thought you were going this direction mentioning this 'Shag' association:
Austin Powers: The Spy Who Shagged Me https://www.youtube.com/watch?v=JBHKVAs85Ko
Silly me.
Unchecked exuberance, greed and fraud and this is what you get
Just like LNKD went from $225 to $260 in AH after releasing earnings. They closed at $203 the next day and are $188 now. LOL
I gotta think it was some hedge funds trying to scare the shorts and create a squeeze that failed
Pump and dump by the algos.
from a p/e of negative infinity to positive hundreds in a single quarter is quite impressive
Do a reverse stock split to enhance the shareholder experience
I'm jumping on board now while the getting is good. Who doesn't like overpriced fried burgers with overpriced fries and shakes? And I hear they are now doing overpriced chicken! Win, win, win!
At one point, each Shake Shak burger joint was worth more than an entire Home Depot or Target store.
Well, you could lose an awful lot of money owning one of those big ole empty stores. It's a little harder to do that in an itty bitty shack.
But their burgers are good! What's the problem with multiples of 100's?
That's a shake, just milk and ice cream?
Thats $5... you don't put bourbon in it or nothin'?
Pssst... no, and that's not real ice cream either...
Liquid Melamine
that's a pretty damn good shake, I don't know if it's worth $5, but it's a pretty good shake.
....(now dance!)
How come they did not open yet options trading for this stock?
The volatility premium would be insane as 10% daily moves are the norm.
And how would you like that cooked?
No, sorry, but we don't do books here.
Thanks, knuk...... yet ANOTHER keyboard ruined by spitting coffee all over it.
Shack is the perfect proxy for this fake market. Their biz model could have been selling Hello Kitty dildos to nuns over the Internet - it was always just a mo mo churn, burn - IPO - and dump before the prols can bail.
Mission accomplished suckers..
How can I resist?
Another Deflationary Indicator. Marked down for $65 to $16
http://www.amazon.com/Vibrating-Hello-Kitty-Vibrator-Masturbator/dp/B000...
If you can find a pic of that in a nun, I mean, LEGENDARY
Can we "crowd source" it?
Liberty is a demand. Tyranny is submission..
But then I would much prefer a Batman one to match my sheets and toothbrush.
Perfect for the holidays. Thanks knukles.
Unicorns and rainbows. Yes, people are that hopey changey, I guess. With thousands of fast food chains in a state of stale profits and actual physical deterioration, maybe you just need to open your eyes for once. A beautiful tree grows on an acre of land. Gee, two beautiful trees would be better. Well if two is better, than 20 is even better. Then plant one everywhere you can find a space. Eventually, they compete for water, soil, sunshine. The uniqueness of the one tree is forever lost. Nobody even looks at this crowded acre anymore. Its just an overgrown, twisted jungle. Nothing special. And so it goes. Damn that reality. Damn it all to hell. Maybe so, but you have to deal with it. Right now, few are.
If this is sarcasm, +61.
Just wait till they start selling unicorn burgers with a side of shit skittles...PE to infinity!
They have that, too!
The masses can't even afford to go to McDonalds nowadays.
They don't want to go to McDonald's, that's the difference...
Maybe SHAK should start taking IOU's like they did on Popeye cartoons.
I've been watching SUNE (Sun Edison) and thier 'affiliate' TERP (Terraform Power) Looking at the one year chart comparing both, I see in May when a departure takes place and today, where some sort of inversion comes into play. I hope these former Enron fella's repeat history...
I'm having a ball watching the SUNE live chart... It would make a great drinking game now.... Try It!
But.. But... Buzzfeed news told me this franchise makes an average of $100k every day per store.
hahahaha buzzfeed news.
CNN is all over the awesomeness too:
Shake Shack burgers continue to sizzle"Despite raising prices in September and again in January, Shake Shack (SHAK) saw no shortage of salivating customers between April and June."
http://money.cnn.com/2015/08/11/investing/shake-shack-earnings/index.html
Ahh, millennials...what can't free government student loan money not ruin?
millennials will be the people cutting our heads off for beliveing in Jesus while screaming "We are tolerant"
Da Fuk? That was fast...Wait unti Culvers goes Public!
GOOG is the new Shak, only 100 times bigger. Who needs Shak?
Call it the American wealth.
Can I get fries with that?
Liberty is a demand. Tyranny is submission..
going to CitiField this weekend and will partake of some Shake Shack but to me its more because the alternative at the stadium is disgusting. just can't understand why anyone would get all hyped up over a burger chain when there are 40 other ones vying for the same customer already.
Best deal at Citi Field is the New England Clam Chowder for $5 if I recall.
However, I no longer follow sports now that my kids are grown and I know that they are all Corporate Circuses designed to work in tandem with flouride and pharmaceuticals.
10 bagger. Back up the truck. Steal from grandma. etc.
SHAK is CYNK on a much larger scale.