David Winters Slams Coke Over MNST, GMCR Deals

As The Coca-Cola Company (NYSE:KO)’s acquisition of a minority stake of Monster Beverage Corp (NASDAQ:MNST) is generally praised by media pundits, the stock price of Monster dropped over five percent on Monday.

Hedge fund traders, some in whispers and some on the record, are calling into question Muhtar Kent’s high-priced gambit along with unusual option trading in calls in the stock just before the deal was announced.

Coca-Cola overpaid for Monster Beverage stake

Reaction from traders is that Coke significantly overpaid for a minority stake in the beverage company and as a result the highs of the year may have been...