$DNUT Likely to Surge in Coming Month DD

Krispy Kreme, Inc. (NASDAQ: DNUT) went public in the beginning of the , July 1 2021 under the ticker “DNUT”. They listed 26,666,667 shares of Common Stock which is pretty small float. Some Information: Over 1.5 billions donuts sold in 2020 year. This is actually their second public offering. They went private a few years back and are now public again under the new ticker (DNUT) which is such a meme ticker symbol already in itself. Key Points to jump in for a potential rally: * On July 6th, there was almost 100 million in insider buys from the chairman and other parties https://www.sec.gov/Archives/edgar/data/1578897/000110465921090355/xslF345X03/tm2121800d1_4.xml https://www.sec.gov/Archives/edgar/data/1394212/000110465921090294/xslF345X03/tm2121683-1_4seq1.xml https://preview.redd.it/mowksis6o7a71.png?width=2080&format=png&auto=webp&s=bf51d90cc419f3707fdf12bed9eb7689b804cf26 More people are inclined to short and buy puts on this stock. Yesterday the sampled short volume was over 55%. Increasing each day. Essentially even though the price is rising, shorts are doubtful and doubling down against the stock IPOs tend to surge first before correcting to a more fair value (SEE: DASH, ABNB, etc.) https://preview.redd.it/lf1dqvbqo7a71.png?width=1543&format=png&auto=webp&s=518d3af48b8fb37799fbf2de3927ccc6ed94cd1b ​ Positions: 7/6 20C, 8/20 20C will update after market close

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Original Post

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Kevwint

Jul 20, 2021

-14.24%

Change % Since Posting

16.57

Price When Posted

-2.36

Change Since Posting

DNUT

Krispy Kreme Inc

14.21

-0.13
-0.91%
Current Price

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$DNUT Likely to Surge in Coming Month DD|Speculation|InsiderBuys

bullish

Krispy Kreme, Inc. (NASDAQ: DNUT) went public in the beginning of the , July 1 2021 under the ticker “DNUT”. They listed 26,666,667 shares of Common Stock which is pretty small float.

Some Information:

Over 1.5 billions donuts sold in 2020 year.

This is actually their second public offering. They went private a few years back and are now public again under the new ticker (DNUT) which is such a meme ticker symbol already in itself.

Key Points to jump in for a potential rally:

* On July 6th, there was almost 100 million in insider buys from the chairman and other parties

https://www.sec.gov/Archives/edgar/data/1578897/000110465921090355/xslF345X03/tm2121800d1_4.xml

https://www.sec.gov/Archives/edgar/data/1394212/000110465921090294/xslF345X03/tm2121683-1_4seq1.xml



  • More people are inclined to short and buy puts on this stock. Yesterday the sampled short volume was over 55%. Increasing each day. Essentially even though the price is rising, shorts are doubtful and doubling down against the stock
  • IPOs tend to surge first before correcting to a more fair value (SEE: DASH, ABNB, etc.)



Positions: 7/6 20C, 8/20 20C will update after market close

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read-time
1 min

20.00

Target Price

8/ 10

Confidence

1-2 Months

Timeframe
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Earnings Release
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News
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SEC Filing
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Sentiment
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Other Catalyst

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