Quote:
Originally Posted by Vince@MSperfab
Remember Facebook stock is to generate money for Facebook not a great 1 day bang investment stock but I said the same thing with Chipotle. Time will tell.
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Chipotle Mexican Grill (CMG) was a stock, that for me, was similar to Apple.... Every time I went by one - there was a line out the door.
So I bought it (around $85 a share) and when I'd just about DOUBLED my money - I sold it. DUMB ME. I should have held it and added to the position in 08/09.
There is another shining example (go back a few posts to see why I reference it here) of ----- if you only paid attention to the P/E multiple ----- you'd have lost out on what has turned out to be a terrific money maker.