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Green Mountain Update

By Steve Abraham on Jul 09, 2007

Congrats if you got in on some GMCR. Its up again today on big volume. Looks like they announced stock split last week and also announced new agreement today with Pathmark stores. I think the stock can still run up from here. Probably add to position on weakness.

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This entry was posted on Monday, July 9th, 2007 at 7:22 am and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


4 Responses to “Green Mountain Update”


By Bill on July 9th, 2007 at 11:48 am

I sold my shares of GMCR at 97.25. Shares are trading lower now (around 96.3). At what point do you think I should buy back?

By Steve Abraham on July 9th, 2007 at 12:07 pm

Thats a tough question and I dont have a good answer yet. I would maybe wait until the next earnings announcement before doing anything. I think you may have a pullback opportunity at that point. Im probably going to hold my shares and take advantage of the 3 for 1 split. I think this could be one of those companies that really gets noticed by Wall Street in the next few years if not sooner. Also, I would think their business improves during the Holidays since poeple tend to drink more coffee in the winter time at parties, etc. I guess we’ll wait and see.

By Brett Goldstein on July 9th, 2007 at 12:14 pm

Great call here. About FSLR, I got back in at the break above 100 this morning, so it is still all goood . up over $20 right now.

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