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Chipotle: $250 Is A Legitimate Target Now

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Chipotle dips below $300 following highly disappointing Q3 results.
The negative EPS trend still signals to avoid the stock.
The downward shift in store opening growth will further impact the long-term potential.
After the close, Chipotle Mexican Grill (CMG) reported highly disappointing Q3 results. The numbers were so bad that my previous article questioned whether $300 would hold and now the focus can shift to the $250 level.
Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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