Posts for Ticker ‘GMCR’

Top Day Trader Alerts (SEED, YONG, FEED, CEPH, TECD, DDRX, GMCR)

These are this morning’s top day trader and active trader alert stocks seen.  We have more detailed analysis and data on each stock story with links over to VSInvestor.com:

Origin Agritech Limited (NASDAQ: SEED) is today’s top gainer on genetically modified phytase corn approval.

  • Yongye International, Inc. (NASDAQ: YONG) and AgFeed Industries, Inc. (NASDAQ: FEED) are chasing the stock on the news.

Cephalon Inc. (NASDAQ: CEPH) is down on missing trial endpoints.

Tech Data Corp. (NASDAQ: TECD) is hitting 52-week highs after earnings.

Diedrich Coffee, Inc. (NASDAQ: DDRX) is soaring on a superior buyout offer from Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) over the old Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) bid.

Late Friday afternoon we ran a “unusual stock options trading bit” which so far have not seen follow-through.

You can join our open email distribution list to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Top Day Trader Alerts (BRCD, COMS, GMCR, DRYS, AMD, JDSU)

These are this morning’s top day trader and active trader alerts on high price moves and/or high volume.  We have a link to more data and analysis at VSInvestor.com for each stock:

We have issued some options data and new levels to watch in Brocade Communications Systems, Inc. (NASDAQ: BRCD) now that its stock is down 10%.

3Com Corporation (NASDAQ: COMS) is setting multi-year record trading volume.  You already know why.

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is getting roasted on its own after earning.

DryShips Inc. (NASDAQ: DRYS) is challenging the $7.00 highs not seen since October.

Advanced Micro Devices Inc. (NYSE: AMD) is hitting 52-week highs on its settlement with Intel.

JDS Uniphase Corp. (NASDAQ: JDSU) is riding tech merger coattails with a 6% gain.

You can join our open email distribution list which goes out several times per week to be notified of key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, key merger news, and more.

JON C. OGG

52-Week High Club

3Com Corporation (NASDAQ: COMS) rallies over 6% to $5.39 following a positive earnings release on Thursday.

Aspect Medical Systems (NASDAQ: ASPM) rallies over 55% to $11.91 on news that Covidien had agreed to buy the company for $210 million.

Green Mountain Coffee (NASDAQ: GMCR) rallied over 6% today to $75, leading gains among its coffee-vending peers.

BanColombia S.A. (NSYS: CIB) hit a year high of $42.66 on no news but amid a continuing rally in Latin American bank ADRs.

Greenhill (NYSE: GHL) hits a new yearly high of $88.28 as boutique M&A firms continue to benefit from the instability of larger rivals.  

Garrett W. McIntyre

How Much Cash Does Green Mountain Really Need? (GMCR)

money-stack-imageGreen Mountain Coffee Roasters Inc. (NASDAQ: GMCR) today filed an automatic shelf registration statement with the SEC.  It also filed to sell 4 million shares of common stock as a result.  This existing shelf will allow it to sell any combination of Common Stock, Preferred Stock, Warrants, and Debt Securities if it sees fit.

The 4 million shares of stock are being sold by the company to pay down debt under its credit facility and the rest is for general corporate purposes.  BofA Merrill Lynch is the sole book-runner and Canaccord Adams is serving as co-lead manager.  Co-managers are listed as William Blair & Company, SunTrust Robinson Humphrey and Janney Montgomery Scott.

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Green Mountain Earnings Battle Value & Performance (GMCR)

Green Mountain LogoGreen Mountain Coffee Roasters, Inc., (NASDAQ: GMCR) has been a stock that nearly defied logic in its meteoric rise.  It has at least defied gravity.  The company has just announced its fiscal 2009 third quarter earnings for the June 27, 2009 quarter.  Net income rose 123% to $14.1 million, or $0.36 EPS.  The Thomson Reuters figures had that consensus as $0.28 EPS.  Revenues were $190.5 million, up from $118.1 million a year ago, but down slightly from the $193.35 million reported just one quarter ago.  Thomson Reuters had estimates listed as $193.99 million, but there were only a handful of estimates and the range was listed as $193 million to $196 million.  If you adjust for the split, the March lows were around $25.00 and the 2008-end prices were under $20.00.  This top-line disappointment along with its guidance and its astronomical performance has reality setting in during the after-hours session.
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Does Green Mountain Stay #1 in IBD 100? (GMCR)

After looking through last weekend’s print version of Investor Business Daily’s “IBD 100″ it was almost shocking on the surface to see that Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) landed the #1 spot on the highly followed “IBD 100.”  After all, Barron’s simultaneously published a story called “BITTER BREW: Green Mountain May Burn Investors.”  Then, even the Motley Fool posted “Barron’s Doesn’t Know Beans About Good Coffee.”  What you are witnessing is a battleground stock.
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Top Analyst Downgrades (GLW, ETN, EBAY, GMCR, INTU, WFR, VDSI, WFC, WYNN)

These are most of the top pre-market analyst downgrades and cautious research notes we have seen from Wall Street analysts this Monday morning:

Corning (GLW) Cut to Perform at Oppenheimer.
Eaton (ETN) Cut to Neutral at UBS.
eBay (EBAY) Cut to Sell at Collins Stewart.
Green Mountain Coffee (GMCR) Cut to Neutral at Sun Trust Robinson Humphrey.
Intuit (INTU) Cut to Neutral at UBS.
MEMC Electronic Material (WFR) Cut to Neutral at Piper Jaffray.
VASCO Data Security (VDSI) Cut to Neutral at FBR.
Wells Fargo (WFC) Cut to Market Perform at KBW.
Wynn Resorts (WYNN) Cut to Underperform at Oppenhemer.

JON C. OGG

S&P Index Change Candidates (DWA, HS, GMCR, FBTX, MLNM)

We have seen several announcements out of Standard & Poors regarding index changes today, with the effective dates as follows:

  • DreamWorks Animation SKG Inc. (NYSE: DWA) will now replace Millennium Pharmaceuticals Inc. (NASDAQ: MLNM) in the S&P MidCap 400 after the close of trading on Thursday, May 8, as Millennium’s acquisition by Takeda is expected to close on or about that date.
  • HealthSpring Inc. (NYSE: HS) will now replace Franklin Bank Corp. (NASDAQ: FBTX) in the S&P SmallCap 600 after the close on Wednesday, May 7…. Franklin has a market cap of a mere $26 million and has the 600th worst weighting in the index. 
  • Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) will replace Matria Healthcare Inc. (NASDAQ: MATR) in the S&P SmallCap 600 on a T.B.A. basis, pending Inverness Medical Innovations (AMEX: IMA) final approvals to acquire Matria.

As a reminder, traders that look at index additions and deletions generally like to focus on stocks that are coming in fresh into the S&P that were not a member of the S&P 1500 comprised of small-cap, mid-cap, and 500-Index members already.

Jon C, Ogg
May 5, 2008