H'mm, Second post after Yahoo started this board. I do not have the KREM stock but wish the company well!
I'm mostly in energy sector and dollar cost averaged well near rock bottom. Energy stocks and services prices and ((earnings)) dropped to bottom last year.
Now I say, second half of this year energy stocks and services ((earnings)) will rise very well with stable oil prices and tight ngas supplies in N.America. Earnings will peck in about 2-2 1/2 years. Can't tell you what to buy in energy stock sector, that's up to you. Cheap energy is gone from world.
Have 2 stocks which I'm in other sectors. WDC for hard drive's for computers and they have Firewire coming on in production. $500 million work capital still even with there $5.00 loss. WDC will slowly move up. Business Week April 10th. issue, article.
Second stock in medicial, some risk TMED, alot of patents coming on there laser business. It will turn up at some time in future.
With KREM, you have earnings going for the company which is postive, but I don't like the P/E so high. Be careful of price, in time newness of stock will wear off and new IPO's will arrive on market. I'm not a day trader, I hold what ever stocks I'm in long term.
My wife made me buy some krem stock. She had some krispy kreme dougnnuts somewhere about a year ago. We're in Connecticut and I had never heard of the company. She loved their doughnuts and kept talking about them. She heard about the IPO and said get me some of that stock. Usually her stock advice is "sell" everytime the price of one of our holdings moves (either up or down) so this was quite an endorsement. In at $37.135. I wasn't crazy about the price but it didn't seem to be going down from the open at about $32 (from the $21 IPO price).
It's kind of out of place in our portfolio. I'm staying pretty much in the tech world even with the latest action. Some of our other holdings are sunw, dish, txn, ericy, jsdu, digl, gblx, atis, csco, and orcl. A company with an edible product is something new for us.
I'll check back when we're up to message 500 or so and see how we're doing. Good luck, everyone.