Green Mountain Coffee Roasters Soars

By the way, if you get the chance to return to October 9, 1998, then I’d suggest you pick up a few shares of Green Mountain Coffee Roasters (GMCR). The stock closed that day at $3-7/8 (remember fractional pricing?…blah).

Since then, GMCR (the #1 stock of last decade) has split four times; twice 3-for-1, a 2-for-1 and a 3-for-2 which comes to a grand total 27-for-1. That means we can adjust that $3-7/8 down to 14.35 cents.

The stock is up to $62 today on the news of a deal with Starbucks (SBUX) which I believe is some sort of coffee chain. So that’s a nice 43,000% profit for you.

You’re welcome.

Posted by on March 10th, 2011 at 3:21 pm

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