Chipotle Mexican Grill, Inc (CMG): Pershing Position Creates Excellent Selling Opportunity, Says Stifel

In news heard around the (financial) world after the close on Tuesday Bill Ackman’s Pershing Square announced a 9.9 percent stake in Chipotle Mexican Grill, Inc. (NYSE:CMG). The company has been under pressure lately due to health related issues and the stock has been taking a beating as well. While the stock has gone down, many were surprised since CMG did not seem like an Ackman type of investment (especially as some consider shares pricey despite the recent decline) even though his hedge fund has or had some big holdings in food companies  such as Nomad Foods, Wendy’s, Burger King,…