Saturday, May 23, 2015

Shake Shack Inc (NYSE:SHAK) : The Most WILDLY Overvalued Stock on Wall Street

Years from now, when we look back on The Great Shake Shack Inc (NYSE:SHAK) Plunge of 2015, some of us will ask ourselves: “Why? Why did I buy that rotten thing?”
I’m writing this article so you can avoid that fate. SHAK stock is the closest thing to literal garbage on Wall Street. But then again, garbage can’t really lose you money, so … I guess Shake Shack stock is actually worse than garbage.

SHAK stock roared to all-time highs on Thursday, adding as much as 10% after Shake Shack’s parent company filed a trademark application for the term “Chicken Shack.”

Seriously.  (more)

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