Make Or Break For Shake Shack
This stock was largely pumped up for a major exchange stock. It is a foody but if we take GoPro for example sitting on 300m cash in 2014, this guy is seriously over cooked. $16 a share feels right for me. The company just spent 32m on equipment, raised revenue but raised cost too. Now they sit with an 8m loss for 2015. Not good...
Could this be heading lower?
Could this be heading lower?
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