7 Stocks Deeply Discounted From Target Price Seeing Short Covering
What he did doesn't change the fact that gmcr is still making profits and still will. Right now is a buying opportunity not a losing one. Read this:
http://seekingalpha.com/article/459641-7-stocks-deeply-discounted-from-target-price-seeing-short-covering?source=yahoo
3. Green Mountain Coffee Roasters Inc. (GMCR): Engages in the specialty coffee and coffee maker business. Of the 10 analysts that have set a target price on the stock, the lowest price target stands at $63.00. This implies a current upside of 17.74% from current levels around $53.51. Shares shorted have decreased from 22.50M to 21.16M over the last month, a decrease which represents about 1.03% of the company's float of 129.52M shares.