Poor Robert Stiller, who had to cough up five million shares
of Green Mountain Coffee Roasters (
) to meet a margin call earlier this week. It seems the founder
and visionary who popularized the Keurig coffee system got less
than $25 a share for the stake he quickly liquidated.
Had Stiller been a little more cynical - about Green
Mountain's prospects and about being the chairman and founder of
a company with a hot stock - he might have earlier lightened his
load and avoided the whole, embarrassing mess. Green Mountain
shares spent the better part of a year above $50 and several
months in the thin air above $75, at a ridiculous
and with the expiration of the Keurig patent looming. A sell
signal if ever there was one.
True, Stiller had sold stock earlier and at higher prices, but
geez, what was he waiting for?
The insiders at First Solar (
) did a nice job in recent years of lightening their positions,
as the market woke up to the fact that subsidies do not make a
From the editors of YCharts.
YCharts Pro Investor Service