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Krispy Kreme Doughnuts, Inc. Message Board

  • phatbull phatbull Apr 9, 2000 8:19 PM Flag

    PE approx. 66.00

    Just found this on the RB site...not sure if it's
    true.

    Stocks that trade under prospectus cannot be margined
    (or shorted). IPOs trade under prospectus for 30 days
    after initial trade - that means if you buy the shares
    in the secondary market 25 days AFTER it goes
    public, your broker needs to send you a prospectus. After
    30 days it trades like any other stock - without
    prospectus.

    KREM or any other recent IPO cannot be
    shorted for 30 days after IPO.

 
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