Long Position on KKD @ $19.51 on 7/24/2013 (Momentum)

Krispy Kreme Doughnuts (KKD) operates as a branded retailer and wholesaler of doughnuts, beverages, and treats and packaged sweets worldwide.

Krispy Kreme Doughnuts, Inc. also operates franchise stores; and manufactures and sells doughnut mixes, other ingredients and supplies, and doughnut-making equipment. The company sells its products through owned and franchised factory and satellite stores, as well as through wholesale sales channels, including convenience stores, grocery stores/mass merchants, and other food service and institutional accounts. As of October 28, 2012, it operated 96 company stores and 635 franchise locations.

This stock was feautred in February with great results. Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock.

52-Week Trading Range:  $5.96 - $20.60

Entry Point:  $19.51

Stop Loss:  $18.52

Target Price: $21.45

Updates

8/1/2013 11:26:51 AM

KKD reached our target price. The position was closed at $21.51. If you elect to stay in KKD, raise your stop loss to $21.05 to protect your gains.

Position closed on 8/1/2013 at price of $21.51 with a 10.25% gain in 8 days.

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