On May 19, 2015, we said the following about Keurig Green Mountain (GMCR):
"…the price of GMCR has declined below the conservative and mid-range downside targets of $110.08 and $81.40. The acceleration of the current decline seems to indicate that achieving the $52.71 extreme downside target is very likely.
"A review of the last SRL done on January 11, 2013 shows that GMCR blasted through the extreme downside target by a wide margin. The fact that GMCR is prone to extreme moves up and down suggests that the extreme downside target [$52.71] is the point at which to start assessing risk and accumulating shares."
On December 7, 2015, Keurig Green Mountain was offered a buyout at the $92 per share or +77% above the December 4, 2015 closing price.