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Short

Make Or Break For Shake Shack

NYSE:SHAK   SHAKE SHACK INC CLASS A
This stock was largely pumped up for a major exchange stock. It is a foody but if we take GoPro             for example sitting on 300m cash in 2014, this guy is seriously over cooked. $16 a share feels right for me. The company just spent $32m on equipment, raised revenue but raised cost too. Now they sit with an $8m loss for 2015. Not good...

Could this be heading lower?
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