Shares in Green Mountain Coffee Roasters (GMCR-$102.57) soared more than 16 percent, or $14.46, as investors responded enthusiastically to news of better-than-expected sales and net income for third-quarter 2011.
Nonetheless, the threat of direct competition from Starbucks (SBUX-$39.98) still percolates below the K-cup rim – come 2013, the beverage purveyor loses exclusivity on two key manufacturing/design patents.
Read Full Story at 24/7 Wall Street….
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.
Nonetheless, the threat of direct competition from Starbucks (SBUX-$39.98) still percolates below the K-cup rim – come 2013, the beverage purveyor loses exclusivity on two key manufacturing/design patents.
Read Full Story at 24/7 Wall Street….
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.