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IBDvalueinvestin (99.67)

Good time to short Coffee stocks GMCR & PEET? Coffee futures down nearly 5%

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3

November 10, 2009 – Comments (2) | RELATED TICKERS: GMCR , PEET.DL

today, maybe a reverse trend downward or a buying chance.

http://www.bloomberg.com/markets/commodities/cfutures.html

2 Comments – Post Your Own

#1) On November 10, 2009 at 1:20 PM, lemoneater (70.30) wrote:

I haven't studied whether coffee sales are seasonally affected. But I know that I drink more coffee in the wintertime. But as my husband reminds me. I'm just one data point. I know nothing of the financial soundness of the companies mentioned either. 

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#2) On November 10, 2009 at 3:28 PM, ChrisGraley (29.66) wrote:

Most coffee companies are overvalued anyway, so coffee future prices might be a good trigger to go by.

(The k-cup bubble is unsustainable.)

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