https://www.zagat.com/r/shake-shack-new-york1/menu
There are a lot of Wall Street crooks trying to pump up the IPO price, how it’s endangering McDonald and Burger King ‘s market.
I check de their menus, it’s like 5 guys menu. The price for fries, drinks are 3x higher, I can’t see how it would taken a bite out of McDonald. They are 2 different types of restaurants. I can see they taken a bite out of chipotle, or qdoba, 5 guys … Slightly cooler, and outrageous price for college students.
In conclusion, I’m not taken a bite of Shake shack IPO unless the crooks back off. Price might not calm down until some intervention. But Shake Shake upper managements have so much money, they probably would not sell until 2-3 years down the road.
I don’t think they have Shake Shack here in Canada but the prices do look very attractive. The menu is probably even more healthier as well.
Wow interesting take, no wonder the stock price continue to hold. Maybe my thinking is too old.:)
I would love to open a burger shop of my own in the future as a way to earn passive income. I know it would take a lot of hard work to get anywhere with it, but I think opening a restaurant in a college town would be a good way to make some passive income. I’ve actually never heard of Shake Shack, but I’m here in Southern California where everything is expensive unfortunately 🙁
D2R