The party is almost over for the secondary buyers at 71 and out at 90 or more.Those extra shares are mostly an addition to the float,so retail buyers get ready to buy if GMCR and its market croonies(analysts)are still on for the notion that this company will control 40% of the us coffee market.JULY 25 a week away.
I started buying in 97 at $4.00 that has split many times. Cashed those out at $30.00. I still have a number of share to deal with. With all the split the highest value is $30.00. Yes I love this company. It has served me well and believe it will in the future.
Well my brother @ ICE says coffee consumption has gone down in the US as other specialty drinks are being drunk. Those frijoles negros at ICE have another 20% down + or - a % or so. He thinks it has a lot to do with the heaviest consumer of coffee the US. Will it translate to lower stock prices? Looking at JVA a bean seller maybe not. But you can't help but notice that margins will go down @ gmcr as the bean prices go down.