SBUX: For me, simple "logic" dictates this SBUX move.

I've been long SBUX practically since day one which, for me, was April 1, 2008. Now, that play is FINALLY starting to pay off and, I believe, will continue to do so for the coming several months. From the end of 2008 to that now infamous "March Low" all the major indices experienced, SBUX rather wallowed in a fairly tight range: from $9.34 on Dec 24 to its low of $8.27 on Mar 9 with a brief spike as high as $10.72 along the way. I'm of the opinion that this wallowing was little more than the result of so many MILLIONS of people worldwide seeing the curtailment of visits to SBUX outlets as one of the EASIEST ways to "save some cash / improve cash flow" during these decidedly trying times. Now, as things are getting better - albeit SLOWLY better - those same MILLIONS of people are starting to frequent SBUX outlets on a gradually more regular basis. Since March 9, SBUX has well out-paced the S&P ... going from $8.27 to $14.57 - as I type this - for a very nice gain of approximately 75%. As this country - indeed, as the world! - continues to slowly climb out of this global recession, I see no reason for SBUX to CONTINUE to out-pace the S&P by 25% or more for the coming several months. If you, like me, are playing some stocks "long", then I believe you want to play SBUX in that sense. Short-term, there could well be a dip into the low 13-dollar range, but I see this stock getting as high as $18.50 before the end of summer.