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Ep. 217 David Lundgren: Why Trend Following Works

Investing With IBD

CHAPTER

Shake Shack: A Company That Has Had a Great Growth Profile but Has Goed Nailless

Shake Shack is another example of a company that has had a great growth profile, but it's gone nowhere for I think it's five years. You know, when you talk about post-IPO patterns, this is kind of a nice looking pattern and from an inviolable rules of trend following,. So whatever it needed to do to go to 200, it's checked those boxes. Now it's just manage your risk, chase it with your stop, manage your position size properly.

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