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  • Coffee with Sugar anyone!? 0 comments
    May 5, 2010 3:33 PM | about stocks: GMCR, IPSU, SJM

     We’ll start the day off with a good cup of Joe from $GMCR – this stock has had a bit of a drop in price, and though I don’t think we’ve seen the bottom quite yet, we do think it’s near. With news that “Pebbles Acquisition Sub, Inc. (“Purchaser”), a wholly owned subsidiary of GMCR, has extended its previously announced $35.00 per share cash tender offer to purchase all outstanding shares of common stock of Diedrich Coffee, Inc. (DDRX 34.80, -0.08, -0.23%)” will influence a positive move in the market. You can see more about this here.

    To sweeten things up a bit, $IPSU announced that it will release fiscal 2010 second quarter financial results before the market opens on Monday, May 10, 2010. The market seems to be setting up nicely for a pop in price if the Company pulls through with positive financial results, and typically May tends to be a good month for the company.

    And for that toast, a bit of Jam from $SJM – in an obvious bearish market, the stock is still over $20 higher than it was a year ago. We’re not in it yet, and like all our favorite picks, we’re waiting for that bounce.

    Be sure to follow us on twitter @HotForStock as we tend to call out our trades there first. ;)

    Stocks: GMCR, IPSU, SJM
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