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Krispy Kreme Doughnuts, Inc. Message Board

  • carl92651 carl92651 Oct 21, 2002 12:57 PM Flag

    chart pattern

    KKD has a declining chart pattern. The upper end indicates the stock can go to 36. This would be the point the stock is more likely to be shorted for those taking short position. Although IMO the stock is worth only 18 I dont expect it get there anytime soon. The present price discounts the growth for at least the next time 3 to 4 years. KKD does not have a monoply on making donuts. Our local supermarket has an instore bakery that sells freshly made donuts at half the price of KKD. Please note that most supermarkets can make donuts that are comparable to KKD with no special effort. There is no problem in getting the same ingredients that KKD uses and the same machines to make them. It does not take long for competitors to enter the marketplace once they see the profit potential. Eventually the premium KKD is getting on their donuts will disappear narrowing their profit margin.

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20.92-0.02(-0.10%)Jun 28 4:00 PMEDT