04 Dec Barron’s Still Short on Chipotle
Barron’s last article on Chipotle “Chipotle Losing Its Spice” by Jack Willoughby on July 3rd 2015 quoted Joseph Parnes ” How the groundbreaking restaurant chain faces new challenges trying to grow. Joseph “thinks another disappointing quarter could push the stock down another 15% to 20%”
Now Jack Willoughby revisit and updates Chipotle in “Chipotle Shares are Still Pricy” since its downfall from July 2015. Read the full article at Barron’s through Google news if you do not have an account with Barron’s.
“Joseph Parnes, president of Technomart RGA, sees Chipotle shares going lower. He notes that a series of steep price plunges signals large holders are exiting.”