GMCR will follow BVSN...
Longs watch how BVSN trades from Here into the Future.
GMCR will follow the same trading pattern.
It's what happens with bad stocks.
Today/this week is the last time GMCR sees $50+ (all downhill from here).
Today's action is obviously Weekly Options related as it is pinned to $50.
Longs are about to become Burned Coffee Bean Holders............ $1300 (pre-splits)....LOL
All imo, of course.
Disclosure: 50 JUN $48 Puts @ $8
Longs, study this chart pattern...
Why? Soon to be correlated to similar trading pattern of GMCR, imo.
Weekly Options Expiration and AAPL Euphoria cannot prop this POS up for much longer...
Keep buying though.
FOMC overhang and direction of NFLX tonight post-earnings will be the short-term price action for GMCR.
Oh, and if you are hanging your investment/trading rationale based on SBUX earnings...
Then you have to pass two earnings catalyst hurdles... BOTH (GMCR And SBUX) need to beat...
Uphill battle - sort of like GMCR staying above it's 50-DMA... chart at 11:15 is already showing a black candlestick (translation: NOT good for Longs)...
Better hope GMCR closes above it's Open ($50.68)
Another Red Flag for today: Volume already equal to 1/3 of yesterday's (low volume) "pop".
Premium Buying in relation to Weekly Options catalyst is now abating... topping... and Reversing. ($50 is psychological support).
IMO, black/red candlestick opens the door to test of 50-DMA at $49.28.
If 50-DMA is broken, doesn't bode well for any appreciation in price going into a Critical Earnings Release.
Red Flags all over the place.
It'll be fun to watch this $1300 (pre-split) pig die as I take Longs' (dumb) money.
Helpful hint to better trading/investing...
"Stop looking through the Rear Window when analyzing a stock"
GMCR's best days are behind it, and the sooner you realize that... the happier your Portfolio will be.
Stock is played out... and Longs, consider yourself, played.
Jap and Braindamage,
Make yourself useful and calculate my gains in AAPL....
You idiots aren't aware of Weekly Options I see.
Just the type of retailer stereotype the Market Makers love to steal your cash.
I'm not going anywhere as I bought JUN Puts, you Putzes.
I'll be here to collect your $$ (also known as Dumb $$ to the MM's).
Watch and learn Rookies.
chicago_blah will follow all other prognosticating idjuts (into my bit bucket).
It's what happens with bad posters.
All IMO, of course.
Longs, watch how he goes from here into the depths:
BD--what is really funny is he attributes all this being due to upcoming options expirations coming on Friday. For such a knowledgeable guy, seems like he would know options expiration for January was LAST FRIDAY, not THIS COMING FRIDAY.
I join your plonking of that clown. LOL