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GMCR - Green Mountain Coffee (GMCR) Stock
Green Mountain Coffee (GMCR) stock has been targeted by a well known short seller, David Einhorn. GMCR has been dropping hard recently and is down about $33 from It's high, to $81
Green Mountain has reduced transparency and the company needs to improve disclosure, Einhorn, president of Greenlight Capital Inc., said today at the Value Investing Congress in New York. He said that Green Mountain declined to speak to him while citing a quiet period. The company has a “looming patent issue” on its single-serve K-Cups, he said.
http://www.bloomberg.com/news/2011-10-17/green-mountain-coffee-drop...
If the sellers push this below the 200 day moving average, GMCR stock could really crack. Keep an eye on the $74-$76 area.
Green Mountain Coffee (GMCR) reports earnings October 26, 2011, after the close
Updated chart after the crash below $70 on October 19, 2011
Tags: 2011, coffee, coffee-stocks, gmcr, green, mountain, stock
Views: 2125
Replies to This Discussion
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Permalink Reply by Stocks To Buy on -
The GMCR shorts haven't covered yet ( dumb move in my opinion ) and Canaccord put at $92 price target on the stock or something like that. Jim Cramer laughed at this.
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Permalink Reply by Stocks To Buy on
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If GMCR rallies back into the $60's I would sell the stock.... It is possible $60's will come by Christmas.
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Permalink Reply by Stocks To Buy on
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Piper Jaffray likes the growth potential for Green Mountain Coffee (GMCR)
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Permalink Reply by Danny on -
I got a Keurig for Christmas, I had my first K Cup very good!
Merry Christmas everyone here at STB!!
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Permalink Reply by Stocks To Buy on
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Did anyone notice the large stock surge in Green Mountain Coffee (GMCR) going into the close? GMCR is gapping up into the $47's this morning. Went from $42-$46 in a few hours.
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Permalink Reply by ljkp2004 on -
rp2 asked me about it around day lows said that the price i paid for 2k back in march of 2011 then next thing it took off
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Permalink Reply by Stocks To Buy on
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Green Mountain Coffee (GMCR) above $50
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