KKD showed weakness right out of the gate and hit out exact target for the bottom of the short channel $4.50 was the low for the day. Although the stock may head lower the easy part is done now - watching others on scan. Please feel free to join us in chat HERE.

From scan last night HERE.

KKD Krispy Kreme Doughnuts Inc - $6 is coming up I’m looking to short as soon as weakness comes in tomorrow this may sit back towards $4.50-5 easily. I’d really like to see a squeeze first of .50-$1.00 before jumping on the short wagon. I’d look for something similar to (GTE) which we saw today break down and recover slightly.

Back to other scans:

Hot Stocks For Friday The 20th of June (PINN) (KKD) (GSPG) (HYHY)

LiveStock - Back For Tomorrow

Recap: Stocks in Play - Some Breakouts Some Shorts Some Notes

Tags: KKD

This entry was posted on Friday, June 20th, 2008 at 10:14 am and is filed under Recaps. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.