I appreciate your PZZI comments, but I checked
Yahoo profile, their sales are about the same as Krispy
with 500 units, they have been around about the same
time, the two top guys make within pennies of the two
top guys at Krispy and they also own a food
distributor. the revenue they report comes from royality and
food sales. they do not operate their own stores so
they dont have that big lease risk (boston chicken)
and they cash flow lots better than earnings because
they are working off an NOL.!!! that's the source of
the dividend. what do you think?
does anyone on this board actually own any
I used to, lol, will see ya'll in the fall. by the
way i wish krem would use lard, the donuts would
taste better, be more fattening and cost less to
produce. bean filled is comming soon. go krem
It is my belief that brokerages with KREM shares
are refusing to lend them out so that they can be the
ones to take the short positions after it has been
driven up enough.
I'm only 21, but I've read
enough books and survived two huge market pullbacks to
know that KREM is no different from anything else that
has been hyped.
I don't care how long you
waited in line to spend your 2.00 on donuts, KREM is
just a doughnut shop and does not have the flexibility
to diversify as a tech company does.
those of you who believe that PE doesn't mean anything,
have you been napping these last 3 weeks? Hello?
Should we just ignore the 50% drop in tech stocks and
use the EXACT same arguements to justify buying
Before the IPO, I had gone out to their website
and they had the states where franchises were still
available, and amounts. I am thinking that they were wanting
3 million dedicated to the stores. The franchises
were per state, or per area of a state. I can't
recollect. You'd have to contact the company now, because I
do not see the info out there anymore. Sorry.
I am so tired of hearing about the p/e of 70+.
It's a solid company and people understand the product
(to quote a recent news article). I bought at 38 and
i've made a small fortune so far. You can continue
waiting around to short this or you can make money now.
Jimmy Buffet's in why aren't you.
It takes a day or two for a hyped IPO to correct?
Take a look at GOTO, TGLO, KOOP, GEEK, UBID, TSCM,
PCLN... I could go on because there are probably a
hundred in the past year which rode high and fast for the
first month or two before making a big splat. Some even
lasted right up to the lockup expiration before diving.
As for PALM correcting on its first day, uh, NO.
Sure, it dropped 50% the first day, and then over the
nect twom months fell another 70%.
As for when
all you small investors will wake up and sell, all it
takes is for the first trickle and then we'll see who
wants to be the last one out the door.