Strikingly, Crumbs Bake Shop has traveled through a remarkably similar, painful path to where it sits today. At $1.15 per share, CRMB trades 93% off of its all time intraday high of $16. Incorrect in hindsight, in 2009 critics such as J.P. Morgan's John Ivankoe stated that the novelty of the Krispy Kreme Doughnut shop was lost due to " waning fad appeal ." However, investors who had the stomach to establish a position during the company's lengthy turnaround efforts are now seeing tremendous gains. Even after today's disappointing quarterly earnings and outlook KKD is up 108% year to date and an astounding 1,900% from all time lows. Now, the important question to any value investor is, does Crumbs have the potential to be a 19