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Strategies & Market Trends : Value Investing

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To: robuck who wrote (53987)6/9/2014 11:21:39 AM
From: gizwick  Read Replies (2) of 78507
 
Earnings have to be announced by Friday.

There is a strong resemblance of JVA's chart in the past few months as we saw in 2011 when the stock exploded. The stock went on a tear in 2011 right after the June Q2 report, going from $8 to $31 in 1 month.

IF...

...JVA reports net income of $2 or $3 million
...gives a positive forecast for Q3 or at least alludes to strong conditions
...the market continues making new highs and small caps and Nasdaq index continue their recent rally
....GMCR's close on last Friday brings positive news to the coffee space for next week.

Combine that with a niche stock that is a buyout candidate, the last opportunity for food and beverage companies to buy a business that can help grow earnings as GMCR is their biggest buyer. It makes sense to have more control over their coffee business.
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