Coffee Is On Fire This Morning (GMCR)

Green Mountain Coffee Roasters Inc. GMCR is skyrocketing this morning after the company's restatement of earnings wasn't nearly as bad as many expected. The company said it will restate earnings for 2007-2010 and it will shave off 4 to 5 cents in EPS. At last check, shares of GMCR were trading at $33.75‎ in pre-market, up $3.49‎ or 11.53%‎.