Anyone remember the Chipotle IPO?

[PlanetJosh]

When I look back on it it just ticks me off. That I missed out on it but who would know the stock of a Mexican fast food restaurant would go over $650 8 years later. So I heard about it on the radio while driving my car in 2006. It said its stock was starting out in the low $20's. And I had $15k in some mutual fund. I could have taken $10,000 out from it and put in in Chipotle and walla this year I could be sitting on a quarter million dollars. But I never took their IPO seriously, come on, fast food..

 

[DaveSimmons]

Or You could have bought 3,000 winning Poweball tickets and had eleventy billion.

"Why!?! Why didn't I buy those Powerball tickets!?!?!"

 

[Maximilian]

Why didnt I invest in Apple when it was going bust... why didnt I jump on bitcoin early, why didnt I pick the winning lottery numbers

Because at the time they seemed like dumb ideas. Ill bet that guy that bought a pizza with 10,000 bitcoin in 2010 is kicking himself.

 

[RossMAN]

Or You could have bought 3,000 winning Poweball tickets and had eleventy billion.

"Why!?! Why didn't I buy those Powerball tickets!?!?!"

I'm down for another AT Lotto Pool but we can't :whiste: it here.

 

[tortillasoup]

why didn't I invest in Tesla when I was one of the few people who believed in the company? Same shit, different day.

 

[AyashiKaibutsu]

If you do crap without a real good idea of what you're doing, you just end up pissing your money away. If you were willing to dump 10k into some random mexican place, there was any number of equally good looking ideas that you might have dumped it in instead. Better off going to a Casino and putting everything on 00.

 

[maddogchen]

Why didn't I invest in Enron when it was down to $2?

 

[lamedude]

Its not to late to buy some King stock.

 

[Arcadio]

Why, oh why didn't I mine bitcoins 2 years ago?

Of course, because nobody knew back then it would take off, just like the stock market. Looking back is pointless.

 

[Genx87]

When I look back on it it just ticks me off. That I missed out on it but who would know the stock if a Mexican fast food restaurant would go over $650 8 years later. So I heard about it on the radio while driving my car in 2006. It said its stock was starting out in the low $20's. And I had $15k in some mutual fund. I could have taken $10,000 out from it and put in in Chipotle and walla this year I could be sitting on a quarter million dollars. But I never took their IPO seriously, come on, fast food..

Or you could take that 10K and the stock went nowhere. It is a calculated gamble with the stock market. Apple is another example. If people took the 200 bucks it cost for the first iPod and instead bought Apple stock in 2001. They would have something like 15K by now.

 

[SunnyD]

Why didn't I buy more F when it was $2 instead of the handful of shares I bought.

Why didn't I buy BAC and RF when it was at it's low (I knew it was going to go back up).

Why didn't I buy FMCC and FNMA when they were still in the $1 range.

Why didn't I buy BRK.B when it split.

Why didn't I buy FB when it IPO'd (that's actually an easy one - I did try to by it but apparently my orders never got processed along with thousands of others).

The list goes on. Answer: Because you didn't.

 

[SamQuint]

Hey you could always buy RIM/BlackBerry stock right now. I bet it is pretty cheap. :whiste:

 

[WaTaGuMp]

I remember that their food sucks.

 

[sjwaste]

why didn't I invest in Tesla when I was one of the few people who believed in the company? Same shit, different day.

I did, and then sold their stock having made a tidy profit at $35 a share. I still think that profit-taking is necessary at some point in investing, but man did I miss that.

 

[eits]

When I look back on it it just ticks me off. That I missed out on it but who would know the stock if a Mexican fast food restaurant would go over $650 8 years later. So I heard about it on the radio while driving my car in 2006. It said its stock was starting out in the low $20's. And I had $15k in some mutual fund. I could have taken $10,000 out from it and put in in Chipotle and walla this year I could be sitting on a quarter million dollars. But I never took their IPO seriously, come on, fast food..

about 9 or 10 years ago, i went to my first chipotle. i felt in love real hard. to think that it wouldn't explode would have been ignorant.

when it comes to delicious restaurants with morals and uses local produce to create their delicious food, you trust your gut and support them. what other chain can you go to where the line of people waiting to order goes out the door and takes a solid 15-20 minutes in order to place your order? people sacrifice their entire lunch breaks just to get chipotle... and you didn't think that was a good sign that their stock would be a good investment?

what made them even more awesome was when they decided to divest with mcdonald's because they didn't have the same ideals in any way whatsoever.

http://www.chipotle.com/en-us/fwi/fwi_facts/fwi_facts.aspx

awesome company.

 

[BTRY B 529th FA BN]

This pisses me off too. Same with Netflix also, and Amazon.. wow. Apple recently split 7-1, I think now it's hovering around 95$ on average

 

[KB]

You can buy another fast food company NDLS (Noodles and Company)
http://finance.yahoo.com/q?s=NDLS

I don't see it growing as fast a Chipotle, but then again I didn't think Chipotle would jump this much either.

 

[manly]

Why, oh why didn't I mine bitcoins 2 years ago?

Of course, because nobody knew back then it would take off, just like the stock market. Looking back is pointless.

looking back itself is fairly pointless. But learning why you didn't apply Peter Lynch's investing insights is not pointless.

eits explained it better than I have, in fact.

I don't quite understand comparing value investing (not trading) to bitcoin speculation or lottery tickets.

 

[Gibsons]

You can buy another fast food company NDLS (Noodles and Company)
http://finance.yahoo.com/q?s=NDLS

I don't see it growing as fast a Chipotle, but then again I didn't think Chipotle would jump this much either.

hm, looks like they're at a two year low.

 

[jhu]

You guys are all suckers. I bought Standard Oil during its IPO. Now I'm a billionaire.

 

[DaveSimmons]

> I don't quite understand comparing value investing (not trading) to bitcoin speculation or lottery tickets.

If you're picking individual stocks, it's much closer to gambling than if you buy and hold stock index mutual funds or ETFs instead.

You're deciding that you can pick stocks more reliably than the full-time active fund managers with better access to information than you have and who are paid millions, but still can't consistently beat the index funds.

So I think it's fair to compare 20/20 stock picking hindsight with 20/20 Powerball picking insight.

 

[QueBert]

about 9 or 10 years ago, i went to my first chipotle. i felt in love real hard. to think that it wouldn't explode would have been ignorant.

when it comes to delicious restaurants with morals and uses local produce to create their delicious food, you trust your gut and support them. what other chain can you go to where the line of people waiting to order goes out the door and takes a solid 15-20 minutes in order to place your order? people sacrifice their entire lunch breaks just to get chipotle... and you didn't think that was a good sign that their stock would be a good investment?

what made them even more awesome was when they decided to divest with mcdonald's because they didn't have the same ideals in any way whatsoever.

http://www.chipotle.com/en-us/fwi/fwi_facts/fwi_facts.aspx

awesome company.

You basically described Krispy Kreme, how are they doing again? I use to work with people who on a regular basis would sit in the Krispy Kreme drive thru for 15 minutes to order some fucking doughnuts.

 

[zinfamous]

Why didn't I buy Berkshire when it was like, $5k in 1981?

Why didn't I buy Berkshire when it was only $100k in 2006?

Why Jesus, why?!

 

[zinfamous]

You basically described Krispy Kreme, how are they doing again? I use to work with people who on a regular basis would sit in the Krispy Kreme drive thru for 15 minutes to order some fucking doughnuts.

yes yes, Krispy Kreme is exactly the same product as Chipotle.

....

 

[DaveSimmons]

"Why didn't I buy Crumbs at the IPO for $13 a share?"

http://www.forbes.com/sites/brianso...cake-chain-crumbs-shows-peril-in-trendy-ipos/