took a small short position in Starbucks
as it is now trading below the jaw line.
Fundamentally coffee futures on weekly and
daily are bullish. This rise in coffee prices will
effect their margins IMO. Add to that the amount of
retail space leased I look for price pressure on this stock
as it is now trading below the jaw line.
Fundamentally coffee futures on weekly and
daily are bullish. This rise in coffee prices will
effect their margins IMO. Add to that the amount of
retail space leased I look for price pressure on this stock