It’s like they took the analysts who issued reports on SHAK, skulled fucked them, then threw them down a flight of stairs, lined with mustard, and then tossed hamburgers at them.
Here are the results, which were much better than what I expected.
Shake Shack prelim Q3 $0.12 vs $0.07 Capital IQ Consensus Estimate; revs $53.3 mln vs $47.27 mln Capital IQ Consensus Estimate
Shake Shack sees FY15 revs $189-190 mln from $171-174 vs $180.33 mln Capital IQ Consensus Estimate; sees FY16 $237-242 vs. $228 mln consensus
Huge numbers. I cannot stress to you how good these numbers are and what it means for the stock. The bear case has been demolished. Barring some sort of fucked up cosmic event, SHAK should rain down a serious pummeling onto the faces of short sellers tomorrow, scorched earth motherfuckers (extra Les Grossman).
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Fly,
Wouldn’t you expect a larger spike AH with the amount of short float? It’s up only 3-4% after reporting earnings.
Also curious to how far it will rise. I’m also in SHAK but still wondering what to set as tp.
I am in this long term, not a trade. It will trade over $100.
Well earnings definitely good, gonna put on the research hat and looking to where set my tp. Thanks Dr. Fly.
Damn that was some fucked up english. “Well earnings were definitely good, gonna put on the research hat and looking where to set my tp”‘
I see resistance in the $56 area, then it also needs to fill that 8/13 gap. After that, $75 resistance is what I see.
It’s up 8% from yesterday’s close. Relax
It’s been on a run as of recent, true. It’s up over 7% in after hours now, shorts are in big trouble tomorrow.
How is the bear case destroyed? What is the bear case, in your opinion? To me, as an innocent bystander, it is simply valuation. No one doubts the product or the growth… you just need to look at a line at lunch time. Valuation remains obscene. But I hope you and the IBC community do well on it.
Bears, of course, didn’t think SHAK could exceed numbers. The fact that SHAK is growing much faster than expected, makes one have to rejigger the forward P/S ratio, which justifies higher valuation.
64% of shares are short.
Oprah will devour those WTW shorts.
pleb here i bot DIS at 110.20 and 111.40 bless you all
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… could the “news ticker” on the front page be slowed down a nanosecond or two ?
I feel like I’m taking an Evelyn Woods speed reading course !
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… with the one eye and all …
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I thought you had 3 eyes merged together ?
If you are short Shak into earnings I am sorry but you are a moron. Don’t short growth stocks that are growing. I never short on valuation. Ever ever.
Think you could write a small blog about rules to live by as a short ? Even if I don’t share your ideology atm, I really respect your methodology and research.
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… speaking of … ah hem … “eyes” …
Devil Stock $FEYE closed DOWN today … 6.66 !!!
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