GMCR update

Pretty crazy day today. Let's see how the dust settles.

I found something interesting today. A google search for "nasdaq short float data" brings up the specific page for GMCR.

http://www.google.com/search?q=nasdaq+short+float+data

So there's a lot of interest in GMCR's short float info, presumably by people looking to get long and profit from a short squeeze.

It's very close to breaking out to all-time highs. If this doesn't happen there could be a lot of people dumping the stock. People who were expecting a breakout or people who were expecting a short squeeze.

The other possibility is that it does break out. This could trigger a huge short squeeze. Although this is a possibility, it hasn't happened in the past. So there could be a boring breakout that causes a lot of short squeeze longs to dump.

I'll still got my puts and can't wait to see how this plays out