Chipotle: It's a Thin Line Between Love and Hate

There are few companies, and their stocks, that investors love to love, then hate, then love, etc. more than Chipotle Mexican Grill (CMG) . Sadly, as is the case with our human condition of buying while in high emotional states and selling in low emotional states, our herding behavior regularly causes us to buy when we should be selling, and sell when we should be buying.

Members of our Trading Room and DSE Alerts services were warned early yesterday (CMG around $393) that those with profitable short positions from the May 2 sell signal, should use buying actions to protect those profits in the $390s. These actions included using buy stops to protect shorts, or even just buying to cover. From $480 that day, nine weeks ago, CMG has now reached $390 for an 18% slide. And, as to be expected, investors hate it again....609 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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