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Registered User Joined: 12/2/2004 Posts: 1,775
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Cleared resistance on high volume this morning. Other positives: A one year ipo, nice fundamentals, strong chart but not extended. Next earnings approx. 5/15. Long with small starter position.
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Registered User Joined: 7/24/2005 Posts: 30
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I like CMG.....along with some other resturants....BOBE,BWLD,BJRI. The whole group is cookin' MM
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Registered User Joined: 3/25/2005 Posts: 864
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Be careful with this one.
IMO, it rose much to fast.
Looks to me like some idiot with a lot of money place a quick market order on the stock -- Very irresponsible if you ask me.
Someone, for instance, purchasing a million shares at once would best enter the stock quietly thru a limit order.
This same idiot will most likely try to exit the stock the same way.
All of this is just my opinion of course, but it seems to me that this is happeninng more and more -- could be dangerous for all of us or not. Don't know. JMO.
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Registered User Joined: 3/25/2005 Posts: 864
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Ooops, My bad. I'm sorry.
I think I misspoke on this one.
I should have checked the chart and/or the news before voicing my opinion on what I perceive to be a growing problem.
This looks more like a gap up based on the prior day earnings report.
Sorry, just getting a little purturbed lately about what I think I have been seeing in the markets of late.
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