Dunkin’ Brands DNKN, JAMN?
Last week we saw Dunkin’ Brands who happens to be the parent company of Dunkin’ Donuts and Baskin Robbins announce their intentions of going public. There is a large early buzz going around on the deal and most analysts feel that shares of Dunkin’ Brands (DNKN: NASDAQ) will be heavily oversubscribed due to the brands cult like following.
Coffee stocks are extremely hot right now and this recent sector move has dripped down (no pun intended) from large caps like Starbucks (SBUX:NASDAQ) to penny stocks like Jammin Java (JAMN:OTCBB). The success in this space is obviously a factor in DNKN launching it’s IPO after private equity juggernauts like Bain Capital, The Carlyle Group and Thomas H. Lee Partners took the company private in 2005 for $2.4 billion.
How will the hype surrounding DNKN in the next few days impact JAMN? In the last couple of weeks JAMN went from an obscure, unknown company to perhaps one of the best performing penny stocks in the market. While you will continue to see macro industry comparisons in relation to JAMN, most will admit on a fundamental basis that shares of JAMN are very expensive in relation to it’s peer’s.
Many penny stock investors are using JAMN as a pure trading vehicle. Consequently, the more hype you see surrounding Dunkin Brands, the more chatter you will see surrounding JAMN. Will this impact the stock price? At this point it’s hard to tell. We have always preached preparation to our readers and subscribers so use this news tidbit is just another arrow to put in your quiver. We will constantly monitor the news flow on DNKN and keep JAMN on our constantly growing penny stock list.
Please subscribe for more penny stock news and IPO updates.
Related posts:
- Monday Stock Market POT, SLV, TSLA, BRZL, JAMN POT, SLV TSLA, BRZL, JAMN Last Friday’s sell off from...
- Coffee Stocks – JAMN.OB JAMN – Jammin Java and Green Mountain Coffee Stocks There...
Related posts brought to you by Yet Another Related Posts Plugin.
Penny and Small Cap Stock Alerts