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Krispy Kreme Doughnuts, Inc. Message Board

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  • market_swami market_swami May 7, 2000 2:43 PM Flag

    Dollars! don't lose it on that guy

    All it takes is one selloff and this stock is
    done. There are plenty of people who have their fingers
    on the sell trigger. Also, Institutions will never
    pay more than 25 a share for this.
    You are
    correct that a three million share float and a large
    short interest amkes for a potential short squeeze.
    However, I do not see how at this level KREM will rise
    more than 20% which is a minimum to trigger a short
    squeeze.
    The three million share float will quadruple
    at least in 130 days, and everyone knows that. If
    this goes to 50, I short more. I am sure the insiders
    would love to dump their shares for 45 bucks. They
    already got a sweet deal with the 20 for 1 split and 20
    dollars in cash!

 
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