beans are going to 200. looking at GMCR there must be some good news und the wings as the stock just refuses to go down with the rest of the market (NASDAQ 100). The rest of the high flyers are or in the processes of breaking through or testing their 200 dma . Go figure a stock with a pe of 101 & selling for 11x book would you buyout this company with a history of accounting problems & who over state growth? So far the fools are those shorts as the longs go along for the ride as they can't go wrong. Not the threat of the SEC nor the threat of a market melt down see they're undaunted as they pump the haunted. As they look at market penetration which sounds so sexy but avoids the rotation of the cagey. In the end leaves them smoking a cigaret as they drink the gourmet place your bet.
The shorts must have been screaming the last two days. I just don't understand why anyone would bet that a moving locomotive would somehow suddenly stop and reverse direction. Especially when all indications are that it is accelerating.