Diedrich Coffee sells out to Peet’s (DDRX PEET)

A few weeks ago I wrote about the perils of shorting Diedrich Coffee (Nasdaq:DDRX) going into the strong holiday season.  One thing I hadn’t considered: a potential buyout. After the bell today, DDRX shares were halted while the company announced that Peet’s Coffee (Nasdaq:PEET) would buy Diedrich in a cash and stock deal valued at [...]

Why I’m not shorting Diedrich Coffee (Nasdaq:DDRX)

From a purely technical perspective, there are a lot of reasons why Diedrich Coffee (DDRX) might be tempting to short.  Shares are up over a hundred-fold from their 52-week lows of $0.21.  Resistance in the 25-26 area looks like it may hold, and momentum is fading. But when you look beyond the numbers, the trade [...]

Stock-picking contest update

  There is still plenty of time to get your picks in for the stock-picking contest.  The contest goes until the end of the year, and picks may be submitted at any time.  The prize pool, so far, includes: – a $75 Amazon.com gift certificate – a 2-month subscription to Tim Sykes’ TIMalerts service – [...]

Diedrich Coffee (DDRX): piping hot or cooling off?

When I last wrote about Diedrich Coffee (Nasdaq:DDRX) two years ago, it was a sleepy stock stuck in the $3-$4 range.  Boy have times changed. After dropping well under $1, Diedrich Coffee has turned into the hottest stock in the nation, shooting up over 2000% to top $18. Get an updated  DDRX trend analysis or [...]