CL King initiates a Strong Buy for KKD and a $5.00 price!!See link...http://www.streetinsider.com/New+Coverage/CL+King+Initiates+Coverage+on+Krispy+Kreme+Doughnuts+(KKD)+with+a+Strong+Buy+/5823036.html
Nice to see KKD picking up coverage as it turns profitable. An earnings beat will get attention. Guidance of better numbers as more debt is paid off will get upgrades.Regardless, KKD is not on the markets radar, yet. I think we have time to collect more cheap shares into the coming summer rally.
I took half my position off the table after the newest bump today. It should selloff a little tomorrow on end-of-week profit taking.I'll buy right back in on that dip and watch it continue tracking up to $5-$7 range by January.