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Monday, November 14, 2011

Stock Alert - Green Mountain Coffee Roasters (GMCR -3.99%)

Green Mountain Coffee Roasters (GMCR -3.99%) dips after Argus Research cuts the shares to Hold, citing the company's recent earnings miss, concerns over K-cup patent expiration and accounting irregularities.
 
Technical side stock has support $39.42 and resistance level is $44.57.But I think stock could go low $30s in coming days.

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