Worst Stock in the World?

Today, Tim Beyers of Motley Fool labeled Krispy Kreme as their "Worst Stock in the World" - indicating that ...

Over the year ended Oct. 28, 2007, the date of the most recently available report, Krispy Kreme paid $12.4 million in interest expense on an average debt balance of $103.2 million. That's 12%. I know credit cards that charge less than that.

Krispy Kreme and its still debt-dunked business model ... Wednesday's Worst Stock in the CAPS world.

Following their announcement this morning that their cost of debt will rise another 2%, the price of the stock plummeted.

I'm not running scared - industry wags have been wrong before, and the data this one cites is over six months out of date. Thus far, my losses on KKD are less than five percent, which is well within my level of tolerance for a long position such as this.