Earnings are due this week and CMG (Chipolte Mexican Grille) gapped down after management guided down expectations after a huge earnings beat was announced.
Looking for a short here with $118 target to cover shorts.
Tim Sunday 10/26/2014 6:14PM EST
Comments
BLUEmind-trader
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Timwest I like the way you do your technical analysis but you should try Options (PUTs) instead shorting the stock. Just take a look.
timwest
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I completely agree.
timwest
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Which one's do you prefer? 135's for 6.8-7.3 or the 130's for 4.7-5.0 or the 125's for 3.0-3.3
doTheBounce
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Which brokers are you using ? Any advice / suggestion ?
timwest
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I use IBKR. They have everything in one platform; stocks, options, forex, futures. Easy, cheap, but oldish technology wise. I'm looking forward to trading through TradingView when they open up trading through the platform. I also use a long time friend and broker at Merrill Lynch.
timwest
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It looks like I won't get to "get long at the low end of the valuation range" ---- BWLD up after earnings....