Yesterday, Chipotle Mexican Grill (CMG) finally broke below $400. The stock is down another $5+ to a new low below $390 in early trading today. My article over the weekend highlighted why Chipotle was headed lower. The biggest question now is how far the stock drops. Will the stock even hold $350 now that 2017 EPS estimates are down at $11.81 and dropping fast? Disclosure: No position