Author
Topic: KKD
Original_Cashmaker
Member
Member Rated :
posted March 03, 2005 13:25
What do you guys think of krispy kreme as a swing play. I have bought it and sold it a fewe times now; although I got caught holding the bag last time when I bought at 6.25 and am still holding. It has been pretty quiet for a while now, I was thinking about doubling up my shares if it drops back down to 5.50.
Posts: 833 | Registered: Feb 2005
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Art
Member
posted March 03, 2005 14:34
I would buy at 5.6 or less
Posts: 4402 | From: Florida | Registered: Jun 2003
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Original_Cashmaker
Member
Member Rated :
posted March 04, 2005 10:07
Well, I could sell now and recover my captital...Without any good news (would be nice for a change) it doesn't seem this can go all that much higher...or do you think no news is good news with this one?
Posts: 833 | Registered: Feb 2005
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Art
Member
posted March 04, 2005 10:16
i would sell now and buyback later on a dip
Posts: 4402 | From: Florida | Registered: Jun 2003
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Original_Cashmaker
Member
Member Rated :
posted March 04, 2005 10:57
Its steadily climbing... up to 6.51. I got a stop loss in at 6.45 now and I'll re-evaluate later in the day...thanks Art
Posts: 833 | Registered: Feb 2005
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Art
Member
posted March 04, 2005 11:27
Now watch it go to 8 by close today.
Posts: 4402 | From: Florida | Registered: Jun 2003
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Original_Cashmaker
Member
Member Rated :
posted March 04, 2005 14:07
Well it hit 7 anyway.. That's allright. it was still the right decision....you have to be disciplined with the swing plays...lest you get burned
Posts: 833 | Registered: Feb 2005
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Original_Cashmaker
Member
Member Rated :
posted March 04, 2005 17:01
Sure would have liked to see this headline before I sold KKD....
Posts: 833 | Registered: Feb 2005
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Art
Member
posted March 04, 2005 17:30
Well in this case the pop up ahead of the news was insider buying from those on the inside who knew the news was coming out today.
Posts: 4402 | From: Florida | Registered: Jun 2003
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Art
Member
posted March 04, 2005 17:33
quote: Originally posted by Cashmaker: Sure would have liked to see this headline before I sold KKD.... Been there, done that.
Posts: 4402 | From: Florida | Registered: Jun 2003
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