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Green Mountain director buys 4,000 shares

Posted
3/12/2014 1:20:00 PM
By: InvestorsObserver
Referenced Stocks:GMCR

Bobby Raines 03/12/2014

David MacKay, a director at the newly renamed Keurig Green Mountain ( GMCR ) , bought 4,000 shares of the company's common stock on the open market so far in March. AT $105.94 per share, MacKay paid a total of $423,760.

IK-> The technicals for GMCR ($108.15 up $1.92) are bullish with a neutral trend. The stock has been recent support has been around $103.99 and recent resistance has been around $110.5. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the April 90/95 bull-put spread for a 55-cent credit. That's a 12.4% return and the stock has to fall 12.2% to cause a problem.  [InvestorsKeyhole, Various news and data services]