Professor Elam

Thursday July 9, 2015

Shake Shak is a burger chain that went public this year. Goldman suggests selling it. There is a video in this link illustrating the burger.  I noticed a shake is $5.25, no wonder these guys are making money. Frankly this does not look very different from the offering at In and Out Burgers, see my earlier post. 

Notice how price both spiked up and then contracted in the same amount of time. Notice the price went viral from 65 to 95, that was the period of maximum social mood for SHAK.