Quit being such a whiney lil loser. What's a dozen Krispy Kreme glazed cost? What does that same dozen cost somewhere else? Answer, much much less. I could care less that you went to one place and paid too much for coffee, coffee ain't what we're talking about, it's donuts, and Krispy Kreme's are way way way higher than mom and pop, and the reason is mom and pop don't have to sink a small fortune into the building, they don't have to buy the equipment at jacked up prices from KK, they don't have to pay jacked up prices to KK for KK mix, etc.
If Krispy Kreme is sooo damn cheap and makes the best donut alive, then gee, why is their still so many mom and pop places all over the south where KK has been for years, much less tons of Dunkin Donuts etc.? Surely the thrifty crowd would buy at super cheap KK, and surely the donut connosieurs like yourself and that fat fellow that works in Sector 7G at my plant, would buy at KK, and the other places would go out of business.
If you want to pity me for something, it doesn't need to be for eating the superior donuts of the local Sandy's Bakery, or Irish Maid Donut Shop, instead you can pity that after covering 80% of my short at the low for the day a couple of days ago, I got the other 20% bought in(for only a small profit) on Thursday close, and never got it put back out Friday.
I will also add that a large number of people at several different brokerages got bought in, Thur. Fri. before the announcement of the secondary, typical manip move on this POS stock. I should have known to hit this turd again when I started hearing of the large numbers of buyins, but it was already down. Not as down as it was after hours though when the secondary was announced.
Funny that in your big dumb, I just dropped ten points on this stock instead of listening to Mr. Burns post, you didn't mention the secondary. Haven't you seen the terms? Only 150k new shares to raise money to finance KK's global expansion(bahahahaaa) the rest is insiders bailing out, cuz they know what an overpriced POS this is. However, I don't think i'll short this right away unless I hear some good info. as there will likely be a new flock of shorts hit it on the secondary news, and they will probably get squeezed, as the secondary will be gobbled up to help some old school shorts cover. So, let's squeeze it again, let me hop back in, then let's ride it down down down down.
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