Tuesday, October 2, 2012
When Green Mountain Coffee goes below $30, watch that one
Stock Talk:
A stock I have watched on and off over the years is GMCR. I don't have a lot of time today to expouse on it. All I'm gonna say is when GMCR is trading below $30 a share -- put a watch on it.
I will offer my view. I don't agree with short Einhorn.
People are very finicky about their coffee. I brought the wrong brand home once and took a lot of grief over it. Looking at even the low estimates of earnings puts GMCR much higher than where it is now trading in the 20's. Competition on K cups may not be as much of an impact as the shorts have made out and there's a new Riva machine coming. GMCR is a volatile stock. Thinking about some call options as a lower risk way to play the volatility. GMCR is undervalued on a fundamental basis in my opinion.
Market timing is not always very easy though. In any case, I have a watch on GMCR.
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ALL in my humble opinion, scroll down and read more..
This site does NOT make Buy / Sell recommendations.
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