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Speaker 1: This episode is brought to you by P and C Bank.

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Speaker 1: A lot of people think podcasts about work are boring,

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Speaker 1: and sure they definitely can be, but understanding a professionals

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Speaker 1: what helps you live or more happily fulfilled life. P

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Speaker 1: National Association Member FDIC.

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Speaker 2: Erness What's Up?

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Speaker 1: You ever walk into a small business and everything just

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Speaker 1: tipping is a breeze, and you're out the door before

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Speaker 1: the line even builds. Odds are they're using Square? We

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Speaker 3: So Chipotle has split a couple weeks ago and then

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Speaker 3: suffered a recent decline. So what's the what's the deal

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Speaker 3: with Chipotle?

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Speaker 4: Now?

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Speaker 3: Is it time to start mining Chipotle stock?

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Speaker 4: I think so. I was slowly easing to it.

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Speaker 5: I do want to see the succession plan, because when

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Speaker 5: you lose a great CEO like the one they lost,

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Speaker 5: it does have an impact.

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Speaker 4: Now they do have great systems in place. I do

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Speaker 4: like the stock.

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Speaker 5: I do want to see what changes they would make

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Speaker 5: after losing him, because some people are just great drivers

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Speaker 5: of a business. He was one of them. But if

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Speaker 5: we're going to be very honest, like that Stock one

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Speaker 5: of the biggest mistakes that I made is when they

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Speaker 5: had that deep dip and I sold off a few

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Speaker 5: years ago in twenty eighteen, And it goes to show

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Speaker 5: like and even though like I made it up in

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Speaker 5: other AMD and video Lily stuff like that, Like it

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Speaker 5: just shows the power of holding and letting the restructure.

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Speaker 4: Will Liam is a great example of that.

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Speaker 5: Before Elon got there, there was not as much fanfare

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Speaker 5: for the stock. Just holding through every wave of ups

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Speaker 5: and downs is really key. But fundamentally the business is there,

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Speaker 5: great profit margins is great. We talked about it. I

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Speaker 5: got like one of all the fast food places I

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Speaker 5: feel comfortable like going to because of the quality. So yeah,

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Speaker 5: great company. I would look to add some positions to

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Speaker 5: it now. And I think it's one of those companies

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Speaker 5: that you cannot miss out off for like the next

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Speaker 5: five execuits.

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Speaker 1: I went you, I went you. I mean, it just

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Speaker 1: feels like a natural progression. That's kind of what we

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Speaker 1: talked about when Stock split and what just so happened

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Speaker 1: in the video. I think the double double whammy polls

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Speaker 1: is that they you changed your CEO and right after that.

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Speaker 1: So people don't like uncertainty. And for the past five years,

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Speaker 1: definitely during the pandemic. We've seen Chipotle just after that

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Speaker 1: twenty eighteen when they when they had the food.

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Speaker 4: Oh yeah, that crisis was big. That would have crippled they.

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Speaker 1: Yeah, it was tough and they took a hit for it,

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Speaker 1: but they recovered nicely. We covered it, you know what

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Speaker 1: Brian Nicole did to get them back on track. So

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Speaker 1: now you lose that leader, now what And so that

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Speaker 1: I think his effective date is as the new col

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Speaker 1: Starbucks is September ninth.

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Speaker 4: Right when Breake cuts.

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Speaker 1: Right, So you're talking about like in the next week

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Speaker 1: or two you're gonna have you're gonna name whose predecessor

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Speaker 1: is that would be important to the future of the stock.

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Speaker 2: But it is a short stock. Like I said that,

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Speaker 2: the margins are great.

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Speaker 1: So if it's a stock that was on your watch

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Speaker 1: list and you're waiting to pull back like a guy

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Speaker 1: like me, it might be a good time.

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Speaker 5: Can we talk about the importance of keeping momentum at

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Speaker 5: all costs because maybe fifteen years ago Subway with Chipotle,

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Speaker 5: and now I'm worried if Subway is even going to survive.

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Speaker 1: Subway has the most restaurants in the country.

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Speaker 5: What one of the deepest pullbacks I've seen, just like

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Speaker 5: sales are through the.

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Speaker 1: Floor, and they just so they've watched the model, like

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Speaker 1: Chipotle has definitely coming and taken over.

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Speaker 2: Cava is now Cava's.

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Speaker 4: I mean, if you put yoga i'm at in your bread.

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Speaker 1: This is with the thing about Cova is that they

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Speaker 1: don't have that many locations yet. Yeah, so the growth

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Speaker 1: and the potential for growth is still there. So they

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Speaker 1: come into space. Subway is now for the first time

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Speaker 1: adjusting the prices. So the mistake, right, but what they're

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Speaker 1: doing to here's what they're doing though, right, So like

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Speaker 1: one of the plans is like let's give them more

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Speaker 1: with a little bit of an elevated price, and so

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Speaker 1: like let's say it was a meal that would of

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Speaker 1: course sixteen ninety nine, they're now selling that for seven

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Speaker 1: ninety nine. So they're trying to infuse new ways to

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Speaker 1: generate income. But it's tough, right when people start looking

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Speaker 1: at healthier options. Not that Chapole is the healthiest option,

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Speaker 1: but it feels like it's a sophisticated fast food.

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Speaker 2: Cova is now in that space. You got a couple

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Speaker 2: other companies that are in the space. So it's tough.

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Speaker 1: It's tough. You have to be innovative. They don't have

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Speaker 1: the mobile part component.

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Speaker 4: I mean, but it's hard to build a mobile part

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Speaker 4: of the Food isn't what you eat that subway.

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Speaker 3: What I eat and I don't eat fast food. But

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Speaker 3: are your tuning fish chamis if I had.

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Speaker 2: To from but I used to eat the kariakee chicken.

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Speaker 4: Sandwich is good. Yeah.

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Speaker 2: Did they hit me up about the chocolate? No, no, shot,

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Speaker 2: he's paid.

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Speaker 4: They thing.

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Speaker 1: They said, that's not really a candy Somebody text me

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Speaker 1: that it's not a candy bar?

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Speaker 2: Is I don't know? They said there's no chocolate in it.

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Speaker 4: You can have a candy bar without chocolate, can can you?

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Speaker 4: Why not?

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Speaker 3: That's a prerequisite to be a candy bar chocolate. Somebody

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Speaker 3: gave me a payday too. Actually may be listening shouting.

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Speaker 3: Everybody gave me a fist bum. Appreciate you. Shouts of

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Speaker 3: food pubid that offered the hand sanitizer, appreciate you, thank you.

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Speaker 2: I don't I know that. I thought it was a chocolate.

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Speaker 2: It's peanuts and camera.

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Speaker 5: I thought if it was just candy in it.

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Speaker 4: I don't know.

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Speaker 5: I'm not a hers, She's kind of s But I

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Speaker 5: think it's really important for these brands because we're going

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Speaker 5: through a shift. Like even with Starbucks, Dutch Bros. Is

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Speaker 5: catching fire. Yeah yeah, So like, can you guys talk

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Speaker 5: about the important of keeping momentum while the brand is

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Speaker 5: hot and not falling back.

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Speaker 1: It's the company line we say to each other all

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Speaker 1: the time. Don't leave it why you're hot, That's how

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Speaker 1: it may screwed up. Shot to Betha right, like when

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Speaker 1: you when when it's it's hot, Paul Gasolino.

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Speaker 2: And the way to do that is to be consistent.

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Speaker 1: And so most people have to run like we just

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Speaker 1: had leading up to the Vest Vest.

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Speaker 2: People don't realize the work that it takes.

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Speaker 1: That is an entire festival market, Monday still happens, your

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Speaker 1: leisure still happens, Blackout still happens. There's other businesses that

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Speaker 1: are happening, but you have to be consistent with all

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Speaker 1: of them. And so that's what keeps you hot is

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Speaker 1: because people can rely on you and they know you're

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Speaker 1: going to be consistent, and the consistency brings trust, and

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Speaker 1: with that trust now people feel like, all right, I

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Speaker 1: can go to them. You get people from other businesses saying, oh,

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Speaker 1: those are the guys you Yeah, you become the pillar

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Speaker 1: of the space because it's like, all right, we can

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Speaker 1: trust them. We know they're consistent, they've been here for

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Speaker 1: a while, they're vetted. We like these guys. Let's rock

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Speaker 1: with them.

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Speaker 4: Yeah. Most people want to have the night that we

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Speaker 4: had last nighte and allegend legend legend for me. It

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Speaker 4: was an.

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Speaker 6: Illegal alien from Guatemala charged with raping a child in Massachusetts.

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Speaker 6: An MS thirteen gang member from Al Salvador accused of

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Speaker 6: murdering a Texas man of Venezuelan charged with filming and

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Speaker 6: selling child pornography in Michigan. These are just some of

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Speaker 6: the heinous migrant criminals caught because of President Donald J.

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Speaker 6: Trump's leadership. I'm Christy Noman, the United States Secretary of

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Speaker 6: Homeland Security. Under President Trump, attempted illegal border crossings are

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Speaker 6: at the lowest levels ever recorded, and over one hundred

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Speaker 6: thousand illegal aliens have been arrested. If you are here illegally,

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Speaker 6: if you register using our CBP home app and leave now,

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Speaker 6: you could be allowed to return legally. Do what's right.

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Speaker 6: Leave now. Under President Trump America's laws, border and families

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Speaker 6: will be protected.

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Speaker 4: Sponsored by the United States Department of Homeland Security,