Might hit low 90s but really believe this takes a 25% haircut over the next month or so. Ridiculously overvalued as well.
Still too cheap with pending earnings release, potential with bartaco and barcelona wine bar, new activist investor on the board, plenty of buyout rumors.
Valuation is completely out of control at this price point. Institutions have been buying hand over fist and should take profits now.
Company still has a lot to prove, think a pullback below $20 is feasible short term.
This pump and dump is back in full force, company burns money and its business model is a losing one. Only a matter of time.
Up over 10% on the month - Time to take some of the table, this will pull back.
Looking at history - Coke is very extended and technically overbought. Time to short.