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Keurig Green Mountain, Inc. Message Board

  • porker3333 porker3333 Jun 30, 2011 10:40 AM Flag

    I TOOK MY DAY'S SHORTS AT $89.85 - $89.90...

    tHERE WAS A LARGE SELLER SITTING ON THE OFFER AT $90 WHICH THE HYPESTERS COULD NOT GET THROUGH. I'M sorry I didn't short more at $90, but the morning POP looked like it could get to $90.17 - $90.27. OH well. REGARDS, ALL

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    • Please keep in mind that Cramer incorrectly stated yesterday that the accounting issues were resolved.
      What he is confusing is GMCR's own self-congratulatory press release that they had corrected problems. The SEC, undermanned and lazy as it is, continues its investigation, among other things, of insider trading, failures to disclose material facts, and more,as well as potentially phony "sales" to its "fulfillment partner".

      Please also keep in mind that Cramer has had his own issues with the SEC, having been earlier barred from the securities business for a time, and suspended by CNBC.
      The guy basically is mentally ill, exhibiting the typical manic behavior of bipolar disorder, a serious psychiatric illness. You follow such at your peril.

      Worse, this is the same guy who told his worshipful audience a year or so ago,to buy, buy, buy Dyneer at 10, on its way to bankruptcy, to take only one of many examples. His buy views are typical at close to tops, and if you do the exact opposite of what he says, you will be well rewarded in time.

      Apart from the small retail trade today, the real reason for GMCR's current position involves end of quarter window dressing efforts by some funds to show a so-called winner in their portfolios in reports to clients.
      That doesn't mean the stock can't go higher still on Tuesday, butoverall GMCR is one bad news event from bursting its own and analyst exaggerations about future growth.

    • Nice short should be able to get a buck or two out of it today. I expect the markets to be bloody tomorrow which should push this much lower.

 
GMCR
130.13-0.27(-0.21%)Sep 30 4:00 PMEDT

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