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Green Mountain Coffee Roasters (GMCR +1.7%) is off to $50 a share, according to a majority of...

Green Mountain Coffee Roasters (GMCR +1.7%) is off to $50 a share, according to a majority of respondents to a MarketWatch poll. The heavily-shorted stock has doubled since hitting the summertime blues to the delight of celebratory bulls, although buyers of the stock in 2011 are still largely underwater. Traders will keep an eye on the Starbucks Investor Conference tomorrow to see if anything noteworthy on the single-serve market is disclosed.
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Comments (1)
  • alibabba
    , contributor
    Comments (60) | Send Message
     
    Some buyers are under water, but I suspect a lot more are in the black, having been able to buy at lower prices to offset prior higher price purchases. I am seeing more black every day, and am glad I stayed long.
    4 Dec 2012, 01:22 PM Reply Like
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