How is it possible that the CDC is investingating ANOTHER ecoli outbreak and the company hasn’t the faintest idea where it’s coming from?
The locales are always different, yet the CDC is always there to find that pesky bacteria. If life imitated a movie and movie imitated life, I’d guess that it was the CDC, working in conjunction with somone trying to take down CMG’s share price, who was responsible for the outbreaks. In no way am I giving CMG a pass. All I am saying is, this shit is awfully suspect.
Now if it was a big hedge fund, or plankton like, diabolical competitor: MISSION ACCOMPLISHED. I’ll never eat at Chipotle’s again.
Heading into the final week of shopping, amidst throngs of hungry holiday day walkers, this is an absolute worse case scenario for CMG. Estimates are coming way down. The company is going to get hammered on year over year compares. I would not be looking to buy any dip until valuations resembles something really cheap.
Update:
CDC is investigating another, more recent outbreak of a different, rare DNA fingerprint of Shiga toxin-producing E. coli O26 (STEC O26) linked to Chipotle Mexican Grill. Because it is not known if these infections are related to the larger, previously reported outbreak of STEC O26 infections, these illnesses are not being included in the case count for that outbreak. This investigation is ongoing. 5 ill people have been identified in Kansas (1), North Dakota (1), and Oklahoma (3). The illnesses started on dates ranging from November 18, 2015 to November 26, 2015. All five (100%) reported eating at a Chipotle Mexican Grill in the week before illness started.
I drove by one here in NJ late afternoon and not one customer.
Never thought I would see that.
Dr. Fly – consprital suspicions were bouncing against the backside of my eyebrows as I clicked the headline. A true pleasure to see it written out loud… Strange happenings.
We cannot lets the terrorists win!
$SHAK creeping closer to your original prediction of $37.50. Waiting for the magic number to fill my position in the name. Particularly with lot of anxious ‘next big restaurant growth story’ dollars fleeing $CMG.
Surely this is a shot story.
Shit story
“Chipotle”, verb, to sicken or poison e.g. “I got Chipotled and couldn’t go in to work.” A short, even here. The next quarterly earning will be shocking.