Forum > Coffee stock binge
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joederp

Member since: Jul 09

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Wished I'd known about Diedrich Coffee (DDRX) back in March (don't we all - a hundred-bagger!)
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1257081197627&chddm=62560&chls=IntervalBasedLine&q=NASDAQ:DDRX&ntsp=0

Peet's Coffee popped recently:
http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1257081688210&chddm=81719&chls=IntervalBasedLine&q=NASDAQ:PEET&ntsp=0


So yeah, if you run across a new coffee company IPO, call me, K?

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joederp

Member since: Jul 09

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Looks like Dio Coffee of China will have an IPO in Hong Kong eventually:

http://www.chinaretailnews.com/2009/09/23/2999-chinas-dio-coffee-plans-ipo-in-hong-kong/

If they don't have an ADR on the NYSE, getting it thru the HKEx may be in order.
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OldFart

Member since: Jun 08

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Here is another one - GMCR
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BeretDude

Member since: Mar 09

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Since coffee is your thing, you might also want to check out Caribou Coffee.. CBOU.  Their earnings report comes out this Wednesday.


Happy Trading..  /:)
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Owl

Member since: Sep 08

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Gee, why isn't Coffeenut all over this?
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OldFart

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She is on coffee break I guess
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joederp

Member since: Jul 09

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Haha for a second I was planning to title the thread "Where were you on this, Coffee?!" since she's the resident coffee connoisseur, but if I put too much undue pressure on her, she might stop sharing the penny plays ;).

I've never given a close look at valuation of coffee franchises, but now may be a good time to start.
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OldFart

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Wow, talk about a timely posting. Did you guys buy some shares? The news this morning is Pete is buying DDRX, GMCR is up in sympathy
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joederp

Member since: Jul 09

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D'OHHHH!

I eyeballed the DDRX YTD-chart for all of 20 seconds and figured it was still on a general downward move. How do we get in on the lucrative news before Wall Street does? That's the trillion dollar question.
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BeretDude

Member since: Mar 09

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OldFart said: Here is another one - GMCR

 Nice call on that GMCR there, OF.   Actually, I went short on this near the close yesterday, due to the fact that seems most of the time when I buy into the hype and grab a few shares and try to go long, the price drops..  and yup.. so did this one... by a LOT..so I covered the short this morning @  67.01 and turned around and bought it to go long at same price.  ;)


Happy Trading...  /:)
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OldFart

Member since: Jun 08

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B-Dude - sorry I really did not mean to recommend GMCR, it was just an example of another ticker in the coffee group. Anyhow, glad you were able to make it work for you
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BeretDude

Member since: Mar 09

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Retired early, but working a pt job just to keep myself from laying around on the couch all day. :)
Age: 50's
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Tks, OF. but I didn't take it as a recommendation.. merely that you brought it to my attention, and I saw that the earnings report was due to come out on the 11th.  Actually, this turned out to be great swing-trader for today.   I need to find more like this guy.  ;)


Happy trading... /:)