Hold The Guacamole, Einhorn’s Shorting Chipotle
- Tuesday, October 2, 2012, 12:01
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Chipotle stock is down today after David Einhorn questioned the company’s ability to maintain its lofty results over the coming years, in a presentation at the Value Investing Congress in New York City. Unlike his earlier criticism of Green Mountain Coffee Roasters, however, Einhorn was clear that his reasons have little to do with the company’s management and fundamentals. This short is the result of investors misjudging Chipotle and its competition.
http://www.forbes.com/sites/chrisbarth/2012/10/02/hold-the-guacamole-einhorns-shorting-chipotle/
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