GMCR

recession2016 · Jul 31, 2015

I can see potential for a short covering rally after earnings, any thoughts?

xandman · Jul 31, 2015

I see no reason for this stock to make any meaningful gains unless they come up with an instant macchiato. It's first patent expired. You can get a knockoff at the dollar store for $35 bucks. The profitable K cup supplies have been replaced by an reusable adapter that lets you put in your own grinds.

Please keep the thread current. I haven't seen the financials if it's another KKD, but I wouldn't mind joining the shorts in a spike.

recession2016 · Jul 31, 2015

it's severly oversold, so the risk/reward favors a long here

http://charts.stocktwits.com/production/original_40345188.?1438028624

xandman · Jul 31, 2015

Not oversold from a 50MA perspective. Looks like they have a chance to put out an earnings beat but that didn't help them last August and November.

recession2016 · Jul 31, 2015

it's a gamble either way but at least the risk/reward is in my favor

xandman · Jul 31, 2015

If it's consistent with your framework, stick with it. Best of luck.

Autodidact · Jul 31, 2015

Don't gamble like amateurs, either you have a positive expectancy setup on whatever instrument or you don't.

recession2016 · Aug 5, 2015

Autodidact said:
Don't gamble like amateurs, either you have a positive expectancy setup on whatever instrument or you don't.

good call, i stayed away

20%+ selloff post earnings

xandman · Aug 5, 2015