GMCR will have a pocket pivot if it can close breakeven or better. It reports earnings this Wednesday. In the last 3 out of 4 earnings reports, it has gapped up, and only once did it gap down. Earnings accelerated to 45% in the most recent quarter and institutional sponsorship has grown over the last 3 quarters. Position size with care since earnings can cause this stock to gap up or down.
PPR - GMCR 8/5/13
|Published:||5 Aug 2013 16:33 ET|
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