Wednesday, March 13, 2013

Wealth lost if shorted Green Mountain Coffee but maybe gained down Mexico way

This morning Green Mountain Coffee stock is going at $54, all way up,since it was deemed dead by David Einhorn(claimed shorting it was path to gold) and media play along.That was summer,although not too long ago Einhorn insisted shorting Green Mountain was still the way to go,it was about $43 when continue that line back summer it was below $20.Now stock as gone up past 50 maybe a short squeeze,but no notice from media questions should be asked why has stock skyrocketed since summer time and it's death sentence.
Now south of the border down Mexico way,the sky seems bright  S&P might upgrade rating on Mexico government bonds.Strangely reform seems abound under,believe or not,PRI.Maybe after losing election after 50 years of unbroken rule the Party PRI understand now the times are changing in Mexico rejecting the philosophy of late unlamented Hugo Chavez and opening up the society to freedom and expanding opportunity for all.First the government is going to put to Carlos Slim phone monopoly one figure slim chance of that but it's going to happen and Pemex is going to be privatize,indeed,things are changing south of border  down Mexico way.

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