Seeking Alpha
  • OneLongTrade
    For people wondering why GMCR continues to decline... A lot of hedge/mutual funds are dumping entire positions.
    5/3/12
    Reply (9)
    • OneLongTrade: 33.6mil volume speaks ... volumes.
      5/3/12
    • Husky Financial: I would be interested once this POS found a bottom...
      5/3/12
    • realornot: This is way over excessive selling for one day.
      5/3/12
    • OneLongTrade: As I'm sure a lot of people would be. Those 33.6mil shares have to be going somewhere, every seller = a buyer, etc.
      5/3/12
    • OneLongTrade: But I've said it multiple times, better places to put your money to work. Good luck to those that got in, hope it bounces for all of ya.
      5/3/12
    • BadCop_NoDonuts: Bid on my Sept $48 put is $21.80. That's about $1 of premium on top of intrinsic! Holding out for a more appropriate time value.
      5/3/12
    • babbs: Every seller = a buyer, but with this much of a decline the fear is with the sellers. Follow the fear.
      5/3/12
    • OneLongTrade: The lower it goes, the lower the dead cat bounce will be. People could get stuck at an unfavorable level trying to catch this one.
      5/3/12
    • BadCop_NoDonuts: trending lower for sure.
      5/3/12