Sunday, November 21, 2010

Green Mountain Coffee ($GMCR)

This tweet appeared on the stream:
RT @paulwoll: Interesting Open Interest on March $40S for $GMCR was 651 but someone bought 12,605 contracts Friday?.... Hmmmmmm
Hmmm indeed. Someone appears to be bullish on GMCR. The stock surged 10% to $33.38 after hours Friday on a smaller than expected accounting restatement. It has a gap to fill up toward the $38 level. In the past there has been on going babble about it being taken over. Yes, it's been a rough ride for players in this stock, but perhaps better times are ahead?

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