If you haven’t eaten there, Chipotle makes amazing burritos. The trouble is, with the price of food going up, the cost to make those burritos has been rising, too. And Chipotle hasn’t been able to pass on those cost increases to customers due to the slowing economy.

Chipotle Mexican Grill (CMG:NYSE) is another highflier that’s been beaten up in this tough market.

About two months ago, Cash McDash highlighted CMG as a potential short. (You can read that episode here: “Cash Tours the Dark Side.”) The stock is down about 15% since then… not a bad return for two months’ holding time.

The great thing about names like CMG is that it’s possible to make money both ways. When the IPO came out, Cash knew Chipotle was going to be huge (based on exclusive info from his Wall Street contacts). So he went long and made a lot of money for his clients on CMG.

Then later on, when the stock got ahead of itself and costs began to rise, he made another big chunk of change with a shorting call. It was a great long on the way up, and a great short on the way back to earth.

You can make these kinds of trades, too — long and short — by participating in Taipan’s newest trading service, IPO Confidential. Take a look.

Warm Regards,

JL

Due to Strict Security Guidelines, Details of the Following Message Can Only Be Accessed Here.

Sorry, but we’re simply unable to reveal anything about our newest service here. In order to learn exactly what all the fuss is about, you’ll want to check out our new report, available online now for a short time. Discretion is a must, so please keep this news quiet. Access your copy of the complete report here.

Source: Chipotle Serves Up a Tasty Meal for Shorts