Here's another bubble presently busting, the Shake Shack bubble. Parabolic moves and distance from major moving averages showed risks before they manifest. Now, shareholders are getting taken behind the woodshed. https://s3-us-west-2.amazonaws.com/maven-user-photos/seanhyman/fundamentals/IOSU6hIfr0e_ddd3b0bprg/nzqlRpbHFkqQLfulil5e6A
Trailing P/E = 101.09 Forward P/E = 87.62 Book Value Per Share = 7.66
This stock is way overvalued. It needs to come back to earth. Regards, Phil
Yeah, we won't be touching it. Fundamentals warned of ridiculous valuations, and technicals showed the risks ahead of time too.