That is going to leave a mark

[NitroZ7]

Chipotle had to close a bunch of stores in Washington and Oregon today after an ecoli outbreak. For a company that touts itself as being healthy and organic I can imagine the effect this will have on the brand and the stock.

[boneil]

A situation like that might give investors a chance to buy it at much more reasonable prices.

[NitroZ7]

I wonder how big of a drop we will see. Could it be over 20 percent if there is concern it is not isolated to that region?

[boneil]

20 percent may take a while but I would think that $500 or below would be a good start for a trade.

[boneil]

They cut guidance by about 30% so it needs about that in price drop. Needs to be in the mid 400's now for me to take a look.

[NitroZ7]

It is definitely heading down. I ate at one two days ago and it was still fairly crowded but I guess you can't tell much from one store.