Greenlight Capital issues its Q3 letter to investors with Green Mountain Coffee Roasters (GMCR...

|By:, SA News Editor

Greenlight Capital issues its Q3 letter to investors with Green Mountain Coffee Roasters (GMCR +3.1%) once again firmly in the hedge fund's sights. Major points: 1) Einhorn maintains it's implausible a GMCR audit committee completed an investigation of issues in only 23 days. 2) The effect of the launch of the Verismo brewer has been trivialized by GMCR management. 3) GMCR recently lowered its K-Cup pricing by $0.08, marking the full amount of profit per K-Cup it booked last quarter. (Greenlight Capital letter .pdf)