GMCR is a sell
Started by
optimisticbear
, Feb 01 2012 12:44 PM
2 replies to this topic
#1
optimisticbear
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Posted 01 February 2012 - 12:44 PM
Prior to earnings, GMCR should visit $45 and CMG $385 after the earnings.
Based on option configuration and not cast in stone.
#2
optimisticbear
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Posted 01 February 2012 - 03:00 PM
For those 74 brave souls who opened my message earlier, here is a bonus play:
$MA should trade around 345 after earnings announcement. Quit shocking after several quarters jumping up after earnings report.
Some sort of put butterfly would be a good play with risk to reward at least 4 times as low.
#3
JimBecker17
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Posted 01 February 2012 - 04:59 PM
GMCR trading above $60.70 after earnings.. close $53.63
CMG is trading at $363.78.. close $370.41
fortunate for my bias! 
Bullish Equity service: WM Research, LLC using IBD / Wyckoff principles realtime.
