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chartmojo

Potential Lockup Expiration Short Opportunity

Shake Shack, Inc. (NYSE:SHAK)  
chartmojo Updated   
NYSE:SHAK   Shake Shack, Inc.
5
8
IPO Locup Expiration coming on 7/29. Trading like a hype runner cool IPO..like Gpro...Irrationally exhuberant due to coolness factor. Good product...price just may be ahead of itself. Went public at $21 a share now trading at 85.76. I like to start trailing these runners this far out from the expiration for short op's. Negative PE with fut PE est at 567. Can it continue to run, sure..but more shares are coming along with reality. Just a heads up. Do your own due dilligence.
Comment:
was killer short/put
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