Use access key #2 to skip to page content.
$4.04 -0.09 (-2.18%)
9/5/2008 4:02 PM

Krispy Kreme Doughnuts (KKD)

CAPS Rating:
*

The Company is engaged in the sale of doughnuts and related items through Company-owned stores.

View All Commentary (KKD)

Recs

3

Avatar TMFBBQPorkMogul (27.28) Submitted: 8/23/06 3:11 PM : Underperform Start Price: $8.58 KKD Score: 48.46

See y'all at zero. I have purchased $5 puts for 2008 & 2009, since I don't know exactly when they'll go BK.

A $5 2008 put costs $0.90, so when they hit zero the difference is a profit of $4.10, or over a 4 bagger. And downside is limited in case a miracle occurs and they become profitable or get bought out.

Report this Post Replies: 3 | Reply

Avatar megaskeelo (39.10) Submitted: 10/27/06 3:20 PM

Recs: 0 | Rec This

What in the world are you thinking????

Report this Post Reply

Avatar TMFBBQPorkMogul (27.28) Submitted: 10/30/06 6:38 PM

Recs: 1 | Rec This

What in the world are you thinking? What a tremendously stupid response. You provided no reasoning behind your inane, immature blathering, and didn't offer any insightful comments on why you believed being short KKD or long the puts was the wrong strategy. I could invest the time to school you properly on why KKD is going bankrupt, why my risk/return proposition is attractive, or how to treat a poster on the boards respectfully, but I wouldn't want to waste any more of my time.

BBQ

Report this Post Reply

Avatar FoolishChemist (99.55) Submitted: 9/10/07 5:41 PM

Recs: 0 | Rec This

Well it looks like your puts are finally paying off. Good call. Still got a while before bankruptcy, but after a franchisee (Sweet Traditions) filed for bankruptcy and had to close half of its stores in the Chicago area, the parent company might not be far behind.

Report this Post Reply

Featured Broker Partners