Green Mountain Coffee Roasters

So the downward momentum has finally broken on this stock.

After the earnings announcement, the overblown negativity will begin to dry up, and the short sellers will start a reflexive process of covering, raising the price, and forcing more short sellers to cover. This should lift the stock price significantly.

I have begun to purchase shares, but I have only purchased a small amount. I am expecting a pullback, because the intial enthusiasm is bound to moderate before the upward momentum resumes. On the other hand, I do not want to miss out on any upside that occurs from the early short covers.

Disclosure: I am long GMCR.


One thought on “Green Mountain Coffee Roasters

  1. Pingback: Portfolio Overview « Betterstockideas

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