CMG: We Are Removing Chipotle Mexican Grill from Investing Ideas

12/10/19 10:10AM EST

A quick note from Hedgeye CEO Keith McCullough:

Stopping myself out of this one, for now, as A) my TREND signal has gone bullish and B) there’s plenty of noise out there on current sales momentum (Howard’s call on this is a longer-term one that I’d prefer to capitalize on from a higher price, if possible).

***No change to Howard Penney's fundamental short thesis on Chipotle Mexican Grill.

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