Son of a BITCH!

[TTinCO]

Grrrr.....major vent here-missed this boat

Chipotle went public today after having it's IPO raised from $15 to $22......obviously not nearly high enough

http://www.bloomberg.com/apps/quote?ticker=cmg:US

 

[stewie21]

yeah the company I work for was one of the co managers and due to the high demand I only got 250 shares for clients....

 

[RapStar]

I can't believe I missed this one as well. I friend phoned me with the info, as we both LOVE Chipotle and don't have them near us in FLA. They are goldmines. Excellent burritos!

 

[YourAllAmerican]

That midscale casual Mexican niche is one I've been watching for more than a year now. Places like Chipotle, Baja Fresh and Rubio's have plenty of room for expansion, I tend to think.

I've been particularly watching Rubio's (RUBO), because their fish tacos are just outstanding. Haven't seen any real upward movement since 2004, though. Maybe Chipotle's IPO will jump-start it.

 

[TTinCO]

After I did some digging, I'm not sure there was ever any gap here. I saw the intraday chart & it looks like 45 was the opening price.

The IPO was 15 to 17 to 18 to 22......Not even close folks. And McDonalds is actually going to unload this goldmine?????

 

[Wrigley]

The lowest it was on the exchange was 39.51

<TABLE cellSpacing=0 cellPadding=0 width=600 align=center border=0><TBODY><TR><TD class=n2B align=middle colSpan=5 height=20>Prices from 01/26/06 through 01/27/06</TD< tr> <TR class=wBg><TD class=n2B height=22> Date</TD><TD class=n2B> Volume</TD><TD class=n2B> High</TD><TD class=n2B> Low</TD><TD class=n2B> Close</TD></TR><TR><TD colSpan=5 height=3>

</TD></TR><TR class=lG><TD class=bRW height=16> 01/26/06</TD><TD class=bRW> 13,219,400</TD><TD class=bRW> 48.280 </TD><TD class=bRW> 39.510 </TD><TD class=bRW> 44.000 </TD></TR><TR><TD height=16> 01/27/06</TD><TD> 1,150,800</TD><TD> 44.900 </TD><TD> 41.750 </TD><TD> 42.200 </TD></TR></TBODY></TABLE>

Next stop $33


By Scott Malone
NEW YORK, Jan 26 (Reuters) - Shares of fast-growing restaurant chain Chipotle Mexican Grill Inc. (CMG.N: Quote, Profile, Research) doubled in their market debut on Thursday, closing at $44.

But analysts warned the first-day surge pushed the price-to-earnings ratio of the McDonald's Corp. (MCD.N: Quote, Profile, Research) spinoff to a level far above most of its competitors, a situation that could end in heartburn for investors who bought at top prices.

Chipotle shares gained $22 on the New York Stock Exchange, the biggest first-day advance for an IPO so far in 2006. During the day, they traded as high as $48.05.
"Is it going to $53.25 or $33.25 in the next move? I would say it would be to the downside, and rightly so," said David Menlow, president of IPOFinancial.com, an independent research firm based in Millburn, New Jersey.