Forget all the analysts and estimates, it come down to MAKING CASH. In the end the business is substantially adding to its cash position. They will tweak the machinery from here, find the growth engine and we will be the stock to own. We also have an IMPROVING economy, commodities have to watched, but I still think the economy will be a tail wind for KKD. Somebody big is playing games today, or just plain STUPID, but KKD will reward longs.
Just strengthened my position by buying more at $7.79. With that much cash, a PEG ratio under 1.0, a year over year EPS growth of 133%, and a long term growth rate of 26.5% (which is 3rd in their industry), I can't see why this stock would not be seen as a great bargain. I'm guessing the big dogs saw the writting on the wall after the earnings report and figured it was the real deal. They shorted in the morning to get a good price and now we can look to the upside. I'll buy more tomorrow if they continue to push downward, but I'm liking the upside potential.
In a span of about 4 years this thing has gone from a whipping boy, to a turnaround story, to a growth company, to now.... a value play??? Shall see. I agree with the Motley Fool articles... this stock is going to need patient investing.