Krispy Kreme: Time to Take a Chance?

Filed under: Earnings Reports, Krispy Kreme Doughnuts (KKD)

So I haven't been fully behind the Krispy Kreme Doughnuts (KKD) thesis. Sorry, it's just the way I am; I haven't been able to gather the amount of courage that is necessary to allow me to buy this low-priced equity.

Yet the stock is firmly above its 52-week low of $2.56. It rose 4.7% on Friday, settling out at a quote of $4.46. That price may be well below the 52-week high of $5.15, but it doesn't matter to the speculators who bought ahead of the second-quarter earnings report that was posted after the bell this past Thursday. They made money.

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Krispy Kreme: Time to Take a Chance? originally appeared on BloggingStocks on Sat, 04 Sep 2010 11:40:00 EST. Please see our terms for use of feeds.

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