Highly spec. play. This baby just cut cut in half and closed yesterday at new lows around $3.25. I like the blood in the water on it for a dead cat bounce to the upside.
KKD- Yummy donuts
- Thread starter pumpanddumper
- Start date
yeah. im going to load up on KKD. it has been flat today. its almost half of what it was a few days ago before the earnings. time to load up on it. again on a short term techincal basis, it is does for some upside now.
what about pumpanddumper? are you thinking of buying a ton of doughnuts.
what about pumpanddumper? are you thinking of buying a ton of doughnuts.
How the hell can anyone lose so much money selling donuts, especially ones as yummy at Krispy Kreme's??? It boggles the mind
I would go long with a $3.25 stop loss.
I just got out of the donut and ice cream business. Input cost's, cog and min wage are going to create a wasteland across the food bus, fast to upscale. The only upside was the real estate. That game is over too. There will be plenty of vacant Starbuck's in about 2 years.
http://finance.yahoo.com/q/op?s=KKD&m=2007-10
http://online.barrons.com/article/SB118920026530520940.html?mod=yahoobarrons&ru=yahoo
"Liquidity pressures are key to downgrade. Although there's enough cash to handle the $5 million covenants triggered in the fiscal third quarter, they become more onerous in the fourth quarter and beyond. We are lowering our estimated fiscal 2008 adjusted earnings before interest, taxes, depreciation and amortization to $24 million from $45 million and removing our price target of $11. We believe it's too early and risky to be value hunting."
http://online.barrons.com/article/SB118920026530520940.html?mod=yahoobarrons&ru=yahoo
"Liquidity pressures are key to downgrade. Although there's enough cash to handle the $5 million covenants triggered in the fiscal third quarter, they become more onerous in the fourth quarter and beyond. We are lowering our estimated fiscal 2008 adjusted earnings before interest, taxes, depreciation and amortization to $24 million from $45 million and removing our price target of $11. We believe it's too early and risky to be value hunting."