GREY:GLNIF - Post by User
Comment by
msillusionon Oct 28, 2011 2:21pm
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Post# 19190685
RE: Never Owned GLN, Was on my "Watch List"
RE: Never Owned GLN, Was on my "Watch List"Green Mountain Coffee dropped from above US$90 on Oct 17 to a low of $56 on Oct 25 on a bear attack from David Einhorn. Glentel has a comparable down performance from a high in April above $20 to $15 and change today
It is testing its support level at the low of $15.08 on Aug 8. The tax loss selling towards YE does not bode well.