The Deipnosophist

Where the science of investing becomes an art of living

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Location: Summerlin, Nevada, United States

A private investor for 20+ years, I manage private portfolios and write about investing. You can read my market musings on three different sites: 1) The Deipnosophist, dedicated to teaching the market's processes and mechanics; 2) Investment Poetry, a subscription site dedicated to real time investment recommendations; and 3) Seeking Alpha, a combination of the other two sites with a mix of reprints from this site and all-original content. See you here, there, or the other site!

30 April 2009

Update of my position in GMCR

The news that Green Mountain Coffee Roasters/GMCR will now sell its Keurig and K-Cups via Wal-Mart/WMT is a game-changer; the result is a fundamental and sudden revaluation of the company, and Wall Street's expectations. So everything ratchets higher, and the stock soars as a result.

I have not, nor will I, sell this opening gap up, which should prove to be an intermediate term breakaway gap, and not an exhaustion gap.

Full Disclosure: Still long the shares of Green Mountain Coffee Roasters/GMCR
-- David M Gordon / The Deipnosophist


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