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Thursday, March 10, 2011

Green Mountain Coffee

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.

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