So, here we see CMG Weekly. Big wide range over 7+ years.
What's most interesting to me is we are certainly at the top of that range.
Add to this that we are almost exactly 2x the width of the C19 fall.
Oh, and don't get me started on EPS and Price/Sales metrics, not that those matter, ever.
But just overall, C19 is still a thing, different states are different stages.
Does one REALLY think the growth will be able to keep up to sustain this valuation?
Yes, I'm looking to begin a short position this week. My guess is we fall back to ~1150 over the next 60 days.
Good luck everyone.
What's most interesting to me is we are certainly at the top of that range.
Add to this that we are almost exactly 2x the width of the C19 fall.
Oh, and don't get me started on EPS and Price/Sales metrics, not that those matter, ever.
But just overall, C19 is still a thing, different states are different stages.
Does one REALLY think the growth will be able to keep up to sustain this valuation?
Yes, I'm looking to begin a short position this week. My guess is we fall back to ~1150 over the next 60 days.
Good luck everyone.