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Though David Einhorn took aim at Green Mountain Coffee (GMCR +1.5%), Starbucks (SBUX -1.7%) sold...

Though David Einhorn took aim at Green Mountain Coffee (GMCR +1.5%), Starbucks (SBUX -1.7%) sold off as Einhorn expressed concerns about the coffee chain's K-Cup distribution deal with Green Mountain. Green Mountain, meanwhile, has turned positive - 34.6% of the company's float was shorted as of Sep. 14, and some of those shorts probably expected some harsh remarks from Einhorn, given his past opinions.
Comments (6)
  • zaki2004
    , contributor
    Comments (14) | Send Message
     
    GMVR goes up and SBUX down....that is a slap on the face of DE
    2 Oct 2012, 12:20 PM Reply Like
  • alibabba
    , contributor
    Comments (60) | Send Message
     
    Why would you put any faith in what Einhorn has to say about anything?
    2 Oct 2012, 01:02 PM Reply Like
  • joeffrek
    , contributor
    Comments (15) | Send Message
     
    i have always had faith in GMCR, if you look at my past comments, i have said they are well positioned and primed for growth, face it there is competition and this will only make GMCR better, that is business, the GMCR brand is becoming more popular because they put out a quality product (s), you just have to repect mr. Einhorn, he is an agreessive reasearcher and speaks the facts of his findings, again i want to say i am long GMCR
    2 Oct 2012, 01:26 PM Reply Like
  • Yukon John
    , contributor
    Comments (7) | Send Message
     
    Well said. Einhorn was right in his analysis last year. I think the market over-reacted and is now in a position to find a more correct valuation - perhaps in the mid forties.
    2 Oct 2012, 02:12 PM Reply Like
  • Jannazy
    , contributor
    Comments (16) | Send Message
     
    I think GMCR sell of this spring was the overreaction. This stock looks very attractive at this valuations and would go back to 40th on next market bull.
    2 Oct 2012, 04:27 PM Reply Like
  • Stephen Christoffersen
    , contributor
    Comments (37) | Send Message
     
    LACES OUT!
    2 Oct 2012, 06:39 PM Reply Like
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