Green Mountain Coffee Roasters (GMCR +7.6%) trades higher a day after David Einhorn admits his...

|By:, SA News Editor

Green Mountain Coffee Roasters (GMCR +7.6%) trades higher a day after David Einhorn admits his short position in the company wrecked his hedge fund's Q4 portfolio return. Without any company-specific news out, the working theory is that some shorts are giving up the ghost after Einhorn's bear bet backfired. (Greenlight Capital letter .pdf)