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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

GLUTTONY

Dr. Fly Fri Jan 30, 2015 10:18am EST 7 Comments

The front page pic was taken by as friend down at the NYSE of slobs on line for free SHAK burgers.

SHAK opened at $50, which is fucking insane. The company is now valued at well over $1.8 billion.

I think I’ll keep my HABT, which is valued at around a billion less, does more revenue, and has the same growth rate.

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7 comments

  1. og
    og
    January 30, 2015 at 10:21 am

    Holy crap. Really hating Etrade right now…

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  2. xxxhuggiebearxxx
    xxxhuggiebearxxx
    January 30, 2015 at 10:24 am

    Disgusting. Do you have any idea how many high end hamburger joints there are in the Denver area?

    Just don’t see how one is going to really break out in such a competitive market and dominate.

    Or maybe they are the next MickeyDs

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  3. stratoboozer
    stratoboozer
    January 30, 2015 at 10:24 am

    My HABT limit is $35 then I’m out.

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  4. xxxhuggiebearxxx
    xxxhuggiebearxxx
    January 30, 2015 at 10:27 am

    Look at all that HABT flow right into the sheik shak

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    • Dr. Fly
      Dr. Fly
      January 30, 2015 at 10:32 am

      Not true, It’s just a bunch of n00bs who bought HABT ahead of SHAK hoping for a pop. Now they are selling because they’re idiots. Good buying opp

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  5. fifty2weekhi
    fifty2weekhi
    January 30, 2015 at 10:43 am

    May be the cooler name of Shake Shack worth something. I do own HABT, but what kind of name is Habit?

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