It’s been over three weeks since LST wrote, “Open Letter to Green Mountain Coffee Roasters Inc.(NASDAQ:GMCR) Board of Directors” which was first posted on zerohedge , a leading financial media site. Your lack of response, either directly to LST, orindirectly throughthemedia, is very concerning.One of the most vocal advocates of your stock, Rock Point Advisors, expressed similar concerns, May 8th
“The primary reason for the 50% drop in share price was not the earnings report …It was theimpression that management is clueless and not in control.
Yarra Square Partners returned 19.5% net in 2020, outperforming its benchmark, the S&P 500, which returned 18.4% throughout the year. According to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review, 2020 was a year of two halves for the investment manager. Q1 2021 hedge fund Read More
Whether the management team wanted to cover up those mistakes… management has done a poor job of explaining itself to investors.