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Krispy Kreme Doughnuts, Inc. Message Board

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  • trinikajo trinikajo Mar 22, 2012 10:41 PM Flag

    Any opinions if KKD closes up or down tomorrow?

    Any idea how ow it can go via the charts?

    Thanks

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    • 6.20 is the support / floor. But there is no way this thing should trade anywhere close to that level any time soon. If for some chance it does breakthrough 6.20, then there really is no telling how far this thing could go.

      That said, I think it bounces up from here. No way this stock should be punished to the tune of $1.50 (roughly) after a great quarter... and a great year.

      SEEMS to be following a similar pattern from last year... announcement, plummets, then surges, etc.

      I bought more today. I'll keep buying on these drops since I see them as over-reaction and shorts going crazy. They'll start covering soon to grab the dough (pun!) and run.

 
KKD
17.62-0.13(-0.73%)Apr 16 4:03 PMEDT

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