The Krispy Kreme Doughnuts rally is on


Shares of Krispy Kreme Doughnuts (KKD +4.3%) are now up a double-digit percentage over the last two days without any concrete news of note.

Unless there is some strong correlation between government workers being idled and doughnut consumption, the best bet is that Krispy Kreme may be working its way back into a status as a momentum favorite with traders.

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Comments (4)
  • wigit5
    , contributor
    Comments (4365) | Send Message
     
    Comfort eating is a serious (nom nom nom) disorder (nom nom nom).
    4 Oct 2013, 10:32 AM Reply Like
  • Archman Investor
    , contributor
    Comments (3297) | Send Message
     
    Yeah. It's called speculation. Typically in the end there are more losers than winners.
    4 Oct 2013, 10:32 AM Reply Like
  • relic51
    , contributor
    Comments (15) | Send Message
     
    It's a buy at anything under $28.00...going to $33.00 by mid 2014
    4 Oct 2013, 02:49 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (6759) | Send Message
     
    How did (DNKN) do? If not similar price movement, it has nothing to do with donuts.
    4 Oct 2013, 05:57 PM Reply Like
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