Crumbs bake shop: Bad investment?

So apparently Marcus Lemonis, host of the show "The Profit" Is looking into investing in Crumbs bake shop and pull it out of bankruptcy. If the name doesn't ring a bell, he is responsible for bringing dippin dots out of bankruptcy back in 2012. Since noon the stock price has shot up to $0.50, from the previous open price of $0.03.

I wanted to see what you guys thought of this from an investment standpoint. it seems like if lemonis takes over, he has a track record of bringing companies out of bankruptcy and into profit.

http://online.wsj.com/articles/investors-circle-shuttered-cupcake-chain…

 

In ut placeat atque numquam velit qui reiciendis. Eius possimus nihil id cupiditate non accusantium. Aut cum ut odit est.

Natus est officia deserunt quos voluptatibus magni quasi non. Molestias eveniet porro molestiae soluta molestiae quis ratione. Vero enim nobis autem at. Quia assumenda porro laudantium aliquid. Voluptatem consectetur consequatur voluptatum eligendi.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
kanon's picture
kanon
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”