CMG. Diamond burritos!

29 lug 2021

Looking at the daily chart, this seems to me to be a HUGE bull flag. Given that, and the fact that their float size is very small (roughly 27.64 million shares available to the public) as well as a very small open short interest on that float (roughly 2.78%, about 768 thousand shares), this thing can very well break out, and breakout out HARD. I'm publishing this on 07/29/2021, and the share price is currently $1830, I expect this to be at or around the $1950-$2000 area within the next week or so. Keep in mind, this monster hit lows of $415 a share during the corona virus breakout in March 2020, and since then, has seen a 400% return! They know how to operate as a business, and there's no telling what this can reach in the near future, but this for sure seems like something you want to have in your portfolio!