Jun. 22 at 8:36 PM
$PTLO This has been brutal to own. Nearly down to half of book value now!.. I think what they need to do, is to stop expanding completely for a while, and open 1 store on wall street, which is what made chipotle pop (if i remember right), because people on there have taste buds (and a lot of money) If they stopped the expanding (temporarily), this would sell at a PE of 3-5 right now. As of right now, all the profit they have, they re-invest into new stores, which makes investors leave, because they don't do a good job of explaining how the numbers work. Most of their Chicago stores does like 4x MCD's numbers btw (10+ million vs 3 million MCD), and some of them, even more, which is insane traffic!
