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Green Mountain’s Gains

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  • Description

    FBN’s Charles Payne with his stock picks for today, including Green Mountain Coffee.

  • Duration 2:22
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That's Saturday thanks so much -- -- tells -- he's got -- a lot today that -- is -- my morning cup of gently to huge brought nice.

-- -- -- -- -- -- about it all I -- it feels good because I came on yesterday of course from -- -- Coppola.

On -- we've got hammered in so when I saw -- green mountain after the close up huge -- up huge what.

I think those good for a couple reasons first of all and a lot of subscribers in the stock.

And some of -- -- like 60% and -- you know I mean that's a gigantic -- you feel good about that.

But also.

I -- tell you -- a lot of these shorts out there they just have a run of the of this whole thing out there really is a shame I mean listen shorting does play a role with the market.

But the date these -- they go -- you know they get -- these giant platforms whether there the media you know whatever they may say listen this company's not doing well.

And no matter what the company is going that stock is gonna get -- -- -- on with a name its opponent in the case from my nor was the one who really that's beating this thing up snap out of it.

And pounding it pounding it.

And you know what the stocks up huge today there was -- over 40% short position of -- when it came in confession.

Woolsey how much of these movements is short squeeze so it's a -- -- or thereabouts would do it what it is and more to the upside sends out an alert suggesting people take profits okay because I do the shorts never give up.

-- and I don't shortz who shorted stock to 25 and add to their -- a short and I think that's what I get from -- I just everything I I think I think his assumptions about competition.

Maybe they'll prove out over time but you know just the idea that all the sudden star about to come up with a machine it's -- -- marketshare overnight.

That hasn't internalized and -- I'll tell you.

From Grover does this every morning it's -- expensive machine I had to change everything in my house in order to convert over to the Starbucks stuff so it's it's a -- it's not gonna happen.

Overnight and it's not you know but the stock fell apart overnight you know it was a seventy dollar stock in February so.

-- I'm really happy about that I I think it's absolutely huge its stock actually in my mind probably could go higher but again.

I know the short to -- to re launches an attack on this thing so that's you get this kind of move I'm really happy for viewers who might have picked up the stock at that time.

I'm watching two -- right now that's another when he -- -- So I made.

I -- counter attacked them again.

Just -- just Melissa long -- -- -- -- thank you can't just yesterday.

I've got to make friends and applause that that the hit that all right is a little optical plus the arrows you.

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