GO
Loading...

After Hours Action: Green Mountain

Shares of Green Mountain Coffee got slammed in extended trade after the company lowered its EPS outlook.

The company now expects 2011 earnings of $1.19-$1.29 a share, compared with its prior estimate of $1.24-$1.29 a share.

It's been quite a ride for this coffee stock, beginning with the disclosure of an SEC accounting inquiry at the end of September. That investigation is ongoing.

CNBC’s Herb Greenberg and Jon Najarian have a lot to say about these developments. Get all the info. Watch the video now!




______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

Trader disclosure: On December 9, 2010, following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Adami owns (AGU), (NUE), (BTU), (MSFT), (C), (GS), (INTC). Karen Finerman Owns (AAPL), (BAC), (GOOG) and (JPM). Jon Najarian owns (EK) and is short (EK) calls. Jon Najarian owns (BBT), is short (BBT) calls. Jon Najarian owns (SHAW), is short (SHAW) calls. Jon Najarian owns (MSFT), is short (MSFT) calls. Jon Najarian owns (IBM), is short (IBM) calls. Jon Najarian owns (CME), is short (CME) calls. Jon Najarian owns (CBOE), is short (CBOE) calls. Jon Najarian owns (XLF) call spreads. Jon Najarian owns (GS) call spreads. Jon Najarian owns (JPM) call spreads. Jon Najarian owns (BAC) call spreads. Jon Najarian owns (ERTS) call spreads. Jon Najarian owns (GDX) put spreads. Jon Najarian owns (GDXJ) put spreads. Jon Najarian owns (MGM) put spreads. Jon Najarian owns (SIRI). Jon Najarian owns (C). Jon Najarian owns (SFD). Stephen Weiss Owns (MDRX), (SWC), (VZ), (QCOM) and (FAS). John Stephenson Owns (SLV), (PAAS), (HL) and (SLW).

BRIAN KELLY
Accounts Managed By Kanundrum Capital Own (AAPL)
Accounts Managed By Kanundrum Capital Own (FCX)
Accounts Managed By Kanundrum Capital Own (GDXJ) straddles
Accounts Managed By Kanundrum Capital Own (QCOM)
Accounts Managed By Kanundrum Capital Own (DE) calls
Accounts Managed By Kanundrum Capital Own (POT) calls
Accounts Managed By Kanundrum Capital Own (MON)
Accounts Managed By Kanundrum Capital Own (JJG)
Accounts Managed By Kanundrum Capital Own (TBT) call spread
Accounts Managed By Kanundrum Capital Own (MCP)
Accounts Managed By Kanundrum Capital Own (FXY) Puts

GUY ADAMI
Adami's wife works at (MRK)

KAREN FINERMAN
Finerman's firm is short (IJR)
Finerman's firm is short (SPY)
Finerman's firm is short (IWM)
Finerman's firm is short (MDY)
Finerman's firm is long S&P puts
Finerman's firm is long Russell 2000 puts
Finerman's firm owns (JPM), (JPM) leap
Finerman's firm owns (KFT)

BRIAN STUTLAND
Stutland's firm is a Market maker in VIX futures and options holding positions
Stutland's firm is a Market maker in SPX options holding options and futures positions

First Asset Investment Management Is Long Silver Futures
First Asset Investment Management Owns (SLV)
First Asset Investment Management Owns (PAAS)
First Asset Investment Management Owns (HL)
First Asset Investment Management Owns (SLW)

BRIAN MARSHALL
No disclosures on Dell, Compellent, HP, Netezzam, Cisco, Commvault, Quantum, Oracle, NetApp

BRIAN KELLY 10/11/2010 SOT
Accounts managed by Kanundrum Capital owned (ANDE) on 10/11/2010

BRIAN KELLY SOT 12/02/2010 (GT)
No disclosures on (GT) from 12/02/2010

CNBC.com with wires.

Symbol
Price
 
Change
%Change
GMCR
---

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report