GMCR

GMCR has had an exceptional run lately rising from $73 to $120 in 2014. There is some rumor on the street stating that KO (The Coca-Cola Company) is looking to buyout GMCR. Surprising the stock price has stayed in the range from $110 to $120. It will be exciting if it breaks the resistance at $123.47. I bought one call on Friday in the hope of some news during the weekend. I have a very tight stop loss of $115.90. If there is any news of a buyout expect the stock to pop to $140 - $145 area. This is a very speculative play. Risk is very high. (So is the reward).

Buy Area: 116

Target: 140

Bought July $120 call.