Keurig Green Mountain Inc (GMCR): Did Whitney Telson End Up Covering his Shorts At a Loss?

Keurig Green Mountain Inc (NASDAQ:GMCR) have had its fair share of troubles in the past, but the company seems to have moved ahead without any significant damages. The real positive surprise for Keurig Green Mountain Inc (NASDAQ:GMCR)’s Shareholders came when The Coca-Cola Company (NYSE:KO) bought a 10% stake in Keurig Green Mountain Inc (NASDAQ:GMCR) in March this year and also exercised its option of buying an additional 6% stake in May.

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR)

We at Insider Monkey, went back two years in the past to see if the views, Whitney Tilson from T2 Partners shared regarding Keurig Green Mountain Inc (NASDAQ:GMCR) on CNBC two years back, do they still hold? Surprisingly, in May 2012 when Tilson gave a bearish outlook on Keurig Green Mountain Inc (NASDAQ:GMCR)’s stock, the company was actually nearing its lows at below $25 and since then had a straight ride up (with minor hiccups) to above $110, where it trades even now.

“We have been short at as high as the 80s, it’s down to 20 bucks from 50 and 30 and we are not interested in covering a single share, in our view the investment thesis is playing out exactly as we anticipated. It’s a combination of two things; we think is what’s going on here affecting the company. It’s not the weather and all this dog ate my homework kind of excuses you are hearing from management,” Tilson had said.

The two things that Tilson felt back then was that Keurig Green Mountain Inc (NASDAQ:GMCR) was facing increasing competition and that it had stolen numbers from its future earnings to make its present earnings look good, although he wasn’t very sure about the latter. Tilson had reiterated his stand that he was short on Keurig Green Mountain Inc (NASDAQ:GMCR) for the long haul and this was a rare opportunity.

Disclosure: None

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!