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Moon Kil Woong

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GEL, GEN, GEO, GEOI, GEOY, GERJ, GERN, GES, GEVO, GEX, GF, GFA, GFG, GFI, GFIG, GG, GGB, GGC, GGCRF.PK, GGG, GGGG, GGN, GGP, GIFI, GII, GILD, GIS, GITLF.PK, GKM, GLBL, GLD, GLDD, GLDX, GLJ, GLL, GLNG, GLRE, GLTR, GLW, GM, GMC, GMCR, GME, GMF, GMM, GMMB, GMO, GMRRQ.OB, GMXR, GNCMA, GNK, GNW, GOLD, GOOG, GORO, GOT, GPC, GPK, GPL, GPOR, GPRE, GPRLF.PK, GPRO, GPS, GR, GRA, GRDOW, GREK, GRH, GRID, GRMN, GRPN, GRS, GRT, GRU, GRZ, GS, GS.B, GSC, GSFVF.PK, GSG, GSH, GSI, GSK, GSPC, GSS, GST, GSVC, GT, GTAT, GTIP, GTIV, GTLS, GTS, GU, GULF, GUR, GVA, GVI, GWL, GWMGF.PK, GWR, GWX, GXC, GXEXF.PK, GXF, GXG, H, HAIN, HAL, HALL, HAO, HBAN, HBC, HBC.A, HBM, HCA, HCBK, HCC, HCHDF.PK, HCN, HCP, HD, HDB, HE, HERO, HES, HEV, HFC, HGIC, HGSI, HGT, HGYMF.PK, HHH, HIG, HIMX, HK, HL, HLF, HLT, HLX, HMA, HMC, HMIN, HMY, HNBC, HNP, HNSN, HNT, HNZ, HOFT, HOG, HOGS, HOKU, HOLX, HON, HOO, HOT, HOTT, HOV, HP, HPF, HPQ, HPS, HPT, HRB, HRBN, HRL, HS, HSOL, HSP, HST, HSY, HTCH, HTCIF.PK, HTS, HTZ, HUM, HUN, HURN, HW, 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JPM, JPP, JPS, JRCC, JSC, JSN, JVA, JW.A, JWN, JXHLY.PK, JXI, JYF, JYN, K, KB, KBE, KBH, KBR, KBW, KBWB, KBWD, KCAP, KCE, KCG, KCI, KEF, KEP, KERX, KEY, KF, KFT, KGC, KGJI, KGN, KIOR, KIRK, KIROY.PK, KKD, KLAC, KLIC, KMB, KME, KMGB, KMI, KMP, KMPR, KMTUY.PK, KMX, KNCRF.PK, KND, KO, KOF, KOG, KOL, KPELY.PK, KPLUF.PK, KR, KRA, KRC, KRE, KRLTF.PK, KRNRF.PK, KRO, KROO, KRY, KSKTF.PK, KSU, KT, KTCC, KWHIY.PK, KWK, KWT, KXI, KXPLF.PK, KYO, LAD, LAMR, LANC, LAZ, LBIX, LBLCF.PK, LBND, LBRMF.PK, LCC, LD, LDK, LDN, LEA, LEAP, LECO, LEH, LEH.F, LEHMQ.PK, LEMB, LEN, LF, LFC, LGF, LGZ, LH, LHCG, LHMAF.PK, LIFE, LINC, LINE, LINTA, LITHF.PK, LIWA, LLL, LLNW, LLTC, LLY, LM, LMCA, LMNX, LMT, LNCR, LNG, LNKD, LNMIY.PK, LNN, LNVGY.PK, LNY, LO, LODE, LOGI, LOW, LPL, LPNT, LPR, LPS, LQD, LRCX, LRLCF.PK, LSCC, LSGGF.PK, LSI, LSTZA, LTD, LTPZ, LTUS.OB, LUK, LUKOY.PK, LULU, LUV, LVLT, LVOL, LVS, LXK, LXRX, LXU, LYB, LYG, LYSCF.PK, LZ, M, MA, MAA, MAAFF.PK, MAC, MAG, MAIN, MAKO, MANT, MAR, MAS, MASC, MAT, MBB, MBG, MBHI, MBI, MCCC, MCD, MCF, MCGC, MCHI, MCHP, MCK, MCO, MCP, MCRL, MDAS, MDC, MDP, MDR, MDT, MDVN, MDY, MEE, MEOH, MER, MERC, MERMF.PK, MES, MET, MFA, MFB, MFC, MFE, MFG, MFGLQ.PK, MFN, MGA, MGAFF.PK, MGM, MHP, MHS, MHVYF.PK, MI, MIL, MILL, MINT, MITEY.PK, MITSY.PK, MJDLF.PK, MJN, MKL, MKSI, MLHR, MLM, MLN, MLPY, MMI, MMM, MMR, MNGGF.PK, MNI, MNKD, MNST, MO, MOAEY.PK, MOBI, MOGLF.PK, MOH, MON, MOO, MORN, MOS, MOSY, MOVE, MPC, MPEL, MQBKY.PK, MRAAY.PK, MRK, MRO, MRVL, MS, MSFT, MSI, MSTR, MT, MTB, MTCEF.PK, MTG, MTH, MTK, MTL, MTLQQ.PK, MTOR, MTU, MTW, MTZ, MU, MUB, MUNI, MUR, MUX, MV, MVG, MVL, MW, MWA, MWA.B, MWV, MWW, MXI, MXIM, MYGN, MYL, MYY, MZG, MZN, MZO, N, NABI, NAT, NAV, NAVB, NAVI, NBF, NBG, NBIX, NBL, NBR, NCC, NCIT, NCR, NDAQ, NDN, NDSN, NE, NEI, NEM, NEPT, NETL, NEU, NEWN, NFG, NFLX, NFX, NFYIF.PK, NG, NGD, NHRKF.PK, NI, NIB, NIHD, NILE, NILSY.PK, NKE, NLC, NLR, NLY, NMG, NOC, NOG, NOK, NOV, NOVL, NOVUF.PK, NPTN, NRBAY.PK, NRG, NRN, NRP, NRSRF.PK, NS, NSANY.PK, NSC, NSIT, NSM, NSP, NSPH, NSRGY.PK, NSTC, NT, NTAP, NTCXF.PK, NTDOY.PK, NTES, NTRI, NTRS, NTXFF.PK, NTY, NU, NUAN, NUCL, NUE, NUGT, NUVA, NVAX, NVDA, NVLS, NVO, NVR, NVS, NVTL, NWBO.OB, NWL, NWLNF.PK, NWS, NWSA, NWY, NXG, NXPI, NXY, NYB, NYC, NYF, NYT, NYX, NZ, NZT, O, OAS, OB, OCANF.PK, OCLR, OCN, OCPNF.PK, OCZ, ODP, OEF, OGEM, OGXI, OGZPY.PK, OI, OIH, OII, OIL, OLO, OMG, OMI, OMVKY.PK, OMX, ONB, ONCY, ONEQ, ONNN, ONP, ONXX, OPELF.PK, OPEN, OPWV, ORCL, ORCT, OREX, ORI, ORLY, OSG, OSI, OSK, OSKFF.PK, OSTE, OSTK, OTR, OVTI, OXBT, OXY, OZRK, P, PAAS, PAF, PAG, PAGG, PAL, PALAF.PK, PALL, PALM, PANL, PAR, PARL, PAY, PAYX, PBCT, PBD, PBE, PBEGF.PK, PBI, PBKEF.PK, PBR, PBR.A, PBW, PBY, PC, PCAR, PCBC, PCCC, PCEF, PCGLF.PK, PCH, PCL, PCLN, PCP, PCS, PCX, PCY, PCZ, PDLI, PDS, PEET, PEG, PEI, PEIX, PEK, PEP, PER, PETD, PEY, PEZ, PFCB, PFD, PFE, PFF, PFG, PFI, PG, PGB, PGF, PGJ, PGM, PGN, PGR, PH, PHB, PHG, PHHMQ.PK, PHI, PHK, PHM, PHO, PHYS, PIE, PII, PIN, PIO, PIP, PIR, PJB, PKB, PKN, PKOL, PKT, PKX, PLAC, PLB, PLCE, PLCM, PLD, PLL, PLLVF.PK, PLTM, PLUG, PLW, PLX, PM, PMI, PMNA, PMR, PMT, PMTC, PMTI, PMY, PNC, PNG, PNNT, PNPFF.PK, PNQI, PNRA, POAHF.PK, POAHY.PK, PODD, POL, POOL, POT, POWI, PPA, PPC, PPDI, PPG, PPH, PPHM, PPL, PPLT, PPO, PPP, PPRTF.PK, PPS, PRA, PRE, PRF, PRN, PROJ, PRPCF.PK, PRPX, PRRR.PK, PRTDF.PK, PRU, PRWT, PRXI, PRXL, PSAU, PSCC, PSCD, PSCE, PSCF, PSCH, PSCI, PSCM, PSCT, PSCU, PSEC, PSI, PSJ, PSLV, PSP, PSQ, PSR, PST, PSY, PSYS, PT, PTH, PTM, PTR, PUDA, PVH, PVI, PVR, PVTB, PWE, PWER, PWND, PWRD, PWX, PWZ, PX, PXD, PXE, PXH, PXJ, PXP, PXQ, PXR, PZA, PZE, PZG, PZT, Q, QCLN, QCOM, QCOR, QEP, QID, QIHU, QLD, QLGC, QQQ, QQQC, QRM, QSII, QSURD.PK, QSURF.PK, QTEC, QTWW, QUAD, QUIK, RAD, RAH, RAI, RAIL, RAS, RATE, RAVN, RAX, RBCN, RBL, RBS, RBXLF.PK, RBY, RCD, RCI, RCL, RDEN, RDN, RDNAF.PK, RDS.A, RDS.B, RDY, REDF, REE, REGN, REMX, RENN, REPYY.PK, REV, REW, REZ, RF, RFLMF.PK, RFMD, RGA, RGC, RGLD, RGR, RGS, RHDC.PK, RHHBY.PK, RHI, RHT, RIG, RIMM, RINO, RIO, RJA, 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  • Daily State Of The Markets: Why Greece Does And Doesn't Matter [View article]
    Greece's exit may cause spillover similar to the Asian financial meltdown. It is agreed the effects may be overstated, but I don't think so. The stock market and commodity prices have both risen, and are not in major bear territory. This is hardly panic pricing.
    May 17 11:03 AM | 1 Like Like |Link to Comment
  • Chipotle: Fundamentally Sound, But Overvalued Nonetheless [View article]
    There is little upside but these restaurant fad hypes seldom pop until way after its clear they have topped. I would not short it yet.
    Apr 3 12:31 PM | Likes Like |Link to Comment
  • McDonald's: An Overvalued Stock That Should Be Sold [View article]
    McDonalds will have to weather slowing growth in China and a weak world economy. They evaded Euro weakness by expanding into China but there is no way they will evade China weakness save a resurgent US. All and all, their market leader added value is a bit too rich for my blood, especially with the potential for weaker growth prospects.
    Mar 26 03:49 PM | 1 Like Like |Link to Comment
  • Chipotle's Fundamentals Simply Do Not Stack Up [View article]
    LOL all we need is fat beaned up Asians. For a fact, Asians in Asia tend not to like creamy bean things like burritos feeling that beans should be read and sweet. I think Chipote's Asian fervor is about as red hot as Chophouse which is a total failure. Chipote is grabbing at straws and making up stories. Good luck to those who buy in at these prices, they will be worth it after about 4 more years if they keep growing.
    Feb 27 09:53 PM | Likes Like |Link to Comment
  • Chipotle: Growth At Any Price? [View article]
    Excellent views on future growth. CMG is not a good place to park your money as future growth will either slow or margins will shrink. You really can't get much better than selling beans and tortillas for 15-20x the price you pay for them.
    Feb 20 12:48 PM | Likes Like |Link to Comment
  • Chipotle: Not Overvalued By Any Traditional Metric [View article]
    Chipotle is a growth chain food stock not unlike all the others that came before. It's valuation is fine as long as it keeps the growth momentum. However, when it fails to do that which is inevitable as the rising sun, it will falter the same way as Uno's, Boston Market, Crispy Creme, Chili's, Benihana, Planet Hollywood, and all others have and will do in this category.

    Please do not feel like this is a safe stock to invest in medium or long term because it is not.
    Jan 17 11:02 AM | 4 Likes Like |Link to Comment
  • Modern-Day Bread Lines Breaking Records [View article]
    I'm not against SNAP and I agree with the comments here. I'm against it going to non-nutritious and fast food. There should be rules about what you can get with it beyond no alcohol or smokes. Sure some will sell them for cash to buy them, but they do so at their own loss, not at the cost to society.
    Dec 17 02:42 AM | Likes Like |Link to Comment
  • Modern-Day Bread Lines Breaking Records [View article]
    Really there should be a required threshold for nutrition and value for SNAP, like only certain things can be purchased. Is SNAP subsidizing McDonald's a good idea? I think not unless you are thinking of killing them with heart disease. Where is the nutrition in the supplemental nutrition name? I strongly support food stamps if used for flour, eggs, milk, chicken, and basic fruit and veggies. But not anything more. That or do what I say should be done for all government assistance, offer every tax filer the same amount of benefits. If x gets free McDonald's everyone should get free McDonald's. Don't call it supplemental nutrition though.

    As for SNAP growing, when the eternal unemployment extensions end this program will grow even larger.
    Dec 14 01:53 PM | 2 Likes Like |Link to Comment
  • Why Chipotle Is Going To $400 [View article]
    Good analogy. Hopefully they will not use accounting fraud later to delude investors who pay 50x on something they know won't grow eternally at over 20% without margin compression.
    Dec 12 03:45 PM | Likes Like |Link to Comment
  • Chipotle Is Overpriced [View article]
    It is overpriced and primarily because beans, tortillas, and low grade pulled meat are all very cheap ingredients. The customer overpays. As I mentioned before they will keep pushing for over-saturated new store openings to squeeze out investor valuation then it will implode. Right now is not the time to bet against them but maybe one year more year after a weak recovery it may look quite shortable.
    Nov 4 03:04 PM | 1 Like Like |Link to Comment
  • Circling Back To Chipotle Mexican Grill's Results [View article]
    I'm not sure if guacamole will be a big factor in their next quarter's earnings. That said I think the Chipotle train will not derail for the moment for lack of a driver even though they are overpriced. Expect a derailment if they start depending more and more on non-Chipotle business or overseas expansion. This is a purely American fad, and not a particularly inventive one at that (pizza was a better re-invention of Italian food for instance). Faux Mexican with no special twist doesn't inspire a lot of foreign interest. It's amazing it does in the US.
    Oct 26 03:45 AM | Likes Like |Link to Comment
  • Buy Chipotle As The Company Expands And Resists Recession Fears [View article]
    CS analysis is past oriented while Chipotle was entering its growth stage. There is no guarantee and no proof to support the sustainability of further growth with low to no gains in employment or a turnaround in the economy. Like all hyper growth restaurant chains, expecting the future to be the same as the past is an investing disaster in this area (see Mrs. Fields cookies, Unos Pizzeria, Boston Market, Dunkin Donuts (2009), Krispy Creme, etc.). Chipotle must grow and grow rapidly to support its price.
    Oct 8 04:15 PM | 2 Likes Like |Link to Comment
  • 5 Growth Stocks That Could Supercharge Your Portfolio [View article]
    Growth stocks are great if the economy resumes an upward trend. If the economy continues to falter these stocks risks easily outweigh the upside though. Whole Foods is a great company but they have really not slumped on the downturn yet and may correct if a recession really hits.
    Sep 16 02:22 PM | Likes Like |Link to Comment
  • Whole Foods: A Secular Play On Healthy Eating [View article]
    There is a growing competition for upscale grocery stores with even regular grocery stores trying to replace good priced food with "organic" or other more expensive foods to up their margin at the cost of depriving you of the same food at a reasonable price. I suspect competition in this space will get more fierce since there is little barriers to entry besides merely a willingness to buy more expensive healthier foods and dump them on a shelf.

    It is true whole foods has done a good job, but the value is amply reflected in its stock price.
    Aug 31 05:23 PM | Likes Like |Link to Comment
  • The Restaurant Stock Bubble of 2011 Could End Badly [View article]
    I guess lots of moms buy these. I do agree revenue should increase with higher food prices and margins will probably remain the same since they have pricing power. I feel over 20x PE is hardly justified.
    Jul 6 05:28 PM | 1 Like Like |Link to Comment
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