Seeking Alpha

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 (4214) | 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 (2637) | 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 (13) | 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 (5758) | 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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