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Capitalism At Work: Twinkies Soar On Ebay
The invisible hand at work once again as fat-fingered demand dominates union-stifled supply... $8,000 for a single Twinkie... and other offers... It seems, once again, that there are more than a few greater fools who still have no idea just how the bankruptcy process works... will Twinkies be rebranded Bimbettes?
and Via Mashable:
Here’s what’s currently up for sale and bid on eBay:
- For a price of $89.95, three boxes of SEALED Box of Hostess Chocodiles 3×10 Chocolate Twinkies
- For a price of $99.99, four boxes of SEALED Box of Hostess Chocodiles 4×10 Chocolate Twinkies
- For a starting bid of $500, one Box of Twinkies; Unopened
- For a starting bid of $10, and a price of $595, a box of 10, opened and half-eaten
- For a starting bid of $5,000, a single Twinkie
- And finally, for a starting bid of $10,000 … a box of Twinkies (one of the last boxes that will be available, its seller helpfully notes, before the Zombie Apocalypse)
There is, however, a small problem for all those hoping for a collectible value on Hostess products after today, and lifting these ridiculous ebay bids: Grupo Bimbo, who wanted to buy Hostess outright in 2006, will almost certainly buy the various now defunct trademarks in a Stalking Horse liquidation auction, and will absolutely continue making them (as we discussed here) collapsing any residual value as Twinkies will be found, in the same identical box, in a grocery store near you.
Sadly, having zero understanding of the bankruptcy process never stopped Americans from making decisions: such as taking one's words for what would happen to America's auto industry had contract law not been inverted several years ago and it the car companies had "failed."
(h/t Dominic Chu)
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Git ya sum!
http://www.youtube.com/watch?v=pzaQjS1JstY
Note to Benji:
Take this as an example. Quit printing and good things happen.
From the Twinkie School of Modern Economics
(Summarily replaces Keynesian, neo-Keyenesian and Krugmanesque schools, in their entirety)
Wonder why Obama didn't bail out Hostess...
He don't need any more twinks....
The party is over. Valarie Jarrett is gonna get even now.
I was thinkin' more along the lines of Reggies' Love Canal
Shit, it's the end of the world. For sure this is it, things are really gonna fall apart now. AJ is openly calling for the overthrow of the government, the ME war is starting, and now this. It's over, man.... over.
Witness the horror of peak twinkie.
Twinkie Shrugged.
No one saw it coming.
Maybe is paranoia, but Boris is prescient to collapse of 2009 Twinkie market and is BTFD, now has 1.2 metric tonnage of Twinkie in cellar. But expiration date is problematic and is tepidly rancid. But if dip in Vodka, not bad!
It's contained to subprime Sno-Balls
What will Michelle have to hate on now?
'New' Twinkies. Just like original twinkies, but with 10% more HFCS for flavor and zest appeal.
In Russia is Vinkies, but Boris is not privy for how inject vodka jell-o into cake. Maybe is good idea in America because is Twinkies EOL!?
Witness the horror of peak twinkie.
I used to enjoy the horror of Twin Peakies.. are they related?
http://www.youtube.com/watch?v=x2qFQcgogCw
Ding Dong Bubble.
I ran out for lunch, and just for fun I thought I get one.. Tried 2 grocery stores and a 7-11.. NONE....
crazy..
It's just a warm up for the real grocery store runs that are coming soon...
and re-watch the videos of the Sandy gas lines for more of whats coming
sadly, the world will not end as someone will buy the brand our of bankruptcy and mine more of the filling to keep Americans safe and happy with their twinkies. living in the civilized world is such a wonderful thing.
just 'someone'?... You're too nice...
We all know who will buy these brands (directly or indirectly via printing money out of thin air)... Addios 18,000 employees...
the 18000 workers suddenly out of a job are hoarding them for the days ahead. they will need them.
I remember going on a field trip as a kid to the Hostess bakery in St. Louis. Twinkies on a conveyer belt farther than my six year old eyes could see. hostess apple pies coming out of the fryer and hundreds of them snaking over your head on a steel mesh conveyer, you could look up at them. Good times. I guess the union got what was coming to it.
Yeah, that's what I thought at first.
Then I considered who was doing the negotiating for the union. Almost certainly crackhead teams of negotiators brought in to deal with the company's crackhead team of negotiators. Neither set of negotiators would give a damn about the company or the union. They're just hired guns who are good at cracking skulls.
And the end result is what we keep seeing way too often. Another company closes up shop, thousands of workers lose their jobs, the hired guns move on to the next company with the fat bonus they got for 'doing their best.'
The workers let their union get out of hand, just like the rest of us have let our government get out of hand. So ultimately it's the workers to blame for a bad union, the same as it's citizens to blame for a bad government.
When things get too big for we mere humans to have any say, they really need to be collapsed down to a size where we can at least be heard before being ignored.
And on the flip side, how about those Hostess Honchos? They'll liquidate, and pay themselves nice bonus packages for parting out the company in an orderly fashion. I wonder how much of the pension fund has already been borrowed to maintain operating expenses of the company during the strike.
And the poor dumb investors who own the liquidated shares? They can go down and swap stories with the former bakers around a burning can of trash on a street corner somewhere.
So yeah, those damn bakers got just what they deserve. Just as we all will, if we follow the yellow twinkie road we've been on.
It takes two to tango. I'm sure the workers saw the big shots getting their bonuses and asking them to take a paycut. Doesn't make for cordial discussions.
There was a game theory experiment, where A was given a dollar, and told he had to offer some of it to B. If B rejected the offer, the dollar was taken back from A. Rational theory suggested that A should only offer a penny, since that was a penny more than B had initially. However, when A's offered low-ball amounts, B's soundly rejected them. Even though the B's lost out on the small amount the A's offered, they preferred to punish the A's. Anger and resentment can overwhelm rationality.
I think the union did the same thing here. They were fed up watching the bosses loot the company while telling the workers they were lucky they had a job. At some point, any human being with pride says "If you're going to keep screwing me, I'm going to screw you back".
I'm rarely on the side of organized labour, but in this case, I think they treated very badly by management, and reacted more out of anger and spite than rationality.
ANother example of privage equity 'loot an pillage'. Long time company - profitable and established - is bought out qwith borrowed money. Company is loaded up with debt to pay off the private equity firm. The comapny is starved of investment capital so nothing is improved or maionrtained. Any cash in pensions or elsewhere is looted. Employees are squeezed and squeezed (except for the top executives who make out like bandits).
The company dies - a well established brand name dies or is sold off to some other company and all the company employees (except a select few at the top) get screwed. US taxpayers eat the bill for a looted pension fund - though the payouts turne out to be minimal - no wheres near what employees were due.
But the private equity firm walks away with millions.
About the worst way to use capital as possible - completely extractive, parasitic and deadly to the host. At least in nature when a parasite kills its host it dies if unable to find a new host. Not these guys. More destructive than barbarian hordes.
...cuz Mooschelle can now sell her stash and make a mint. Those hips are a clear sign of a closet Twinkie swallower.
Maybe a new owner will rename Twinkies to Shlongs.
Yeah, anything cream-filled will do....
release the strategic twinkie reserves
nobody in DC had calls
The election is over.
He might have done. Hostess from Hooters.
They don't make grape soda...
(I tried to resist, I really tried)
Hostess didn't get bailed out by NoBama because they didn't
help him get reelected with a large enough "donation"...
simple.
His wife would not let him.
This dude is gonna get famous real fast...
HOW TO MAKE A TWINKIE AT HOME
~~~
http://www.youtube.com/watch?v=zGKsWrpsKtI
(ps ~ I've tried the recipe a few years ago & it basically works)
@hedgeless_horseman ~ we're all counting on foto captions of an IMPROVED version of this from Mrs. HH, pronto!
Good luck... We're all counting on you...
I would make sure there are some financial options available when the investors switch from FIAT to Twinkies.
Twinkie Backed Deposit Twist
Agressive Leverage Hostess Twinkie Takeover
Turnkey Twinkie Solution, it's Revolutionary!!
http://www.youtube.com/watch?v=h81VGWQip4k
Is more appropriate
That's a big twinkie.
I was tempted to have the little woman pick up a couple of cases when she was out today.
(Biden 2016 I knew a Man Bo Jangles, he would dance for you, then we would go into the Champagne room)
$8000 for a Twinkie? A whole new meaning to Ho-Ho's
Hell yeah, 8Gs for a twinkie! Twinkies represent real value unlike that icky ol' gold & silver you can just dig out of the ground for five bucks.
Plus you can eat 'em! Mmmmmmmmmm, high fructose corn syrupy gluten carbo goodness.
Ding dongs is where to corner the market. Ho-ho's are good for a hedge though. BUY SELL BUY SELL!!! MARK THAT SHIT AND GET IT TO THE PITS!!! RUN!
This guy bought these a month in the future....how did he do that?
http://www.ebay.com/itm/BOX-OF-TWINKIES-Unopened-FRESH-/300817976083?pt=...
Because Canada has managed to hold onto the coveted technology of Twinkie manufacturing and Joe Louis. Vachon holds the license in this neck of the woods.
Thank god, I was worried I wouldn't have anything to go with my Pepsi while wearing my touque
Hey, I'm ex-French Canadian and I'll tell you what, SCREW the twinkies! The American public has never experienced the Vachon line of goodies and why aren't the Coffee Crisps sold in the U.S.?
I live in California and my Mom just got here a week ago and she brought me 10 Coffee Crisps, plus the Vachon pastries and they kick butt on Twinkies!
You aint had nothing, until you had one of Vachon's flaky pastries
http://www.vachon.com/en/pastries/flaky-pastries/#passionPommeFramboise
e-bay scalpster! Everybody knows there's as much inventory of twinkies as there is gold. Cept twinkies have a longer shelf life.
BMO&FML, there's a Bimbo plantation right down the street from where I live. I hope to be dumpster diving soon if you're right Ty.
I've always believed those things -- along with most other sugary baked goodies wrapped in cellophane -- were brimming with so many preservatives, that eating a Twinkie would be a slow form of self-embalming.
The visual I get is a perfectly preserved corpse whose veins are full of cream filling.
Expect a gov't bailout. Twinkies can be purchased by using the SNAP cards and hense, are a national resource.
TBTF.
Some of those bidders may think they are getting twinks.
Mostly liberals.
Godisanhftbot
I'm assuming you are a Conservative who knows what a "Twink" is?
Being Liberal I have no idea what one is.
(Biden 2016 vvvrrrooooommmm,vvvvvrrrrrrroooooooooooommmmmmmmmmm)
The only reason I know what a "twink" or "bear" is (best video I could find anywhere - stupid copyright law):
"Twinks" & "Bears" & "Power Bottoms": Always Sunny in Philly, Bitchez
Bear Force One
http://www.youtube.com/watch?v=twQlpFrm5iM
O-Phones new name for AF1: TwinkForce1.
Twink: (n), In World of Warcraft, it is a newly created character that has the best gear bought for it using Gold from another in-game character;
(v) twink - the process of creating a twink
Does Google have something that can track your eyes even if you don't have a webcam? Shortly after reading this post, I jumped over to another ZH thread and the banner ad was for World of Warcraft. I have never searched for anything even remotely related to World of Warcraft, and it's the first time I've ever seen that banner. I'm starting to freak out a little...I need a Twinkie bad!
Google = Al-CIA-da, bro. You laugh. Go ahead. Google is a data aggregator service for U.S. intelligence services and all your search queries are belong to Stellar Wind, et al.
Some claim that Thor is a viable way out of the fish bowl, but who knows, amIright?
As I write this, set top cable boxes, webcams, even new HDTVs have the ability to watch you for what have been alleged to be "commercial" reasons such as analytics. Riiight.
It's all about who controls or has access to the pipes and infrastructure, and who access to those who do, anyways. Privacy rights are soooo last era & the constitution has had its faced smashed over and over again by giant boot stompings.
As an acquaintance of mine who works (contract) for the NSA is fond of saying... if you're connected, they can find out anything they want...
Yep. All those big-screen TVs have miniature IR cameras that watch you and record 24/7 at the new Utah Facility.
Use only old, tube-type TV sets.
At minimum... Duct tape over those cameras bitchez... (unless you have an exhibitionist slant and like NSA & SEC twats watching you jack off to midnight porn)...
Just a few examples illustrating that "spy on you & your family" isn't just limited to cable set top boxes or webcams anymore (it's dishwashers, car nav & black boxes, home security systems, thermostats, or ANYTHING that can communicate wirelessly or remotely), and that this rapidly advancing technology & erosion-of-whatever's-left-of-privacy-even-in-one's-home is not the creation of paranoid minds, but present reality (the first link below is pretty revealing, so I added some excerpted text):
CIA Chief: We'll Spy on You Through Your Dishwasher
Is Your TV Spying on You? | MIT Technology Review
Is your TV watching you? Samsung's latest sets
CIA Planning To Spy On You–Through Your TV
Microsoft wants your TV to spy on you and charge you more | CNET
TVs may soon be used to spy on you | SmartPlanet
What a typical comment from a likely clueless conservative. You guys have such delusions packed away in those little minds of yours.
Check out the reality here: http://www.youtube.com/watch?v=asvl6kO1Vo8 Righteous conservatism and pedophilia seem to have a common thread. Or, don't check it out as I am sure your mind is already made up about everything. Another common thread of your ilk.
...so, you are a "righteous conservative," then?
Nice try, but as usual, you guys aren't as funny as you think you are and actually a lot more lame than you think you are.
Lots of down arrows to the original post and no rebuttal of any value. Typical day here.
Accidental double tap bitchez.
lol...Elmo is "a likely clueless conservative."? There's a 93% chance he's not ;-)
Its the end of the world as we know it...Big Bird is a crony socialist, Elmo is accused of pedophilia, you can't find a Twinkie anywhere and the 18,000 layoffs will be blamed on SuperDuperStorm Sandy instead of hard headed union idiots working for a company already in bankruptcy and Catholic nuns just had to have frrrreeee! birth control pills or it was the end of democracy.
Yep...stick a fork in this puppy, conservatives are running amok!
Hmm, seems you mind is already set... Your young, fresh, articulate Kenyan Kommie won. Give it a fucking rest, you'll get your welfare.
"In praise of Price Gauging."
Ron Paul - The Man
If you lube those twinkies enough.......
I can just see some moron putting a case of them on Ebay in a thousand years, and trying to sell them as antique "food rations"...
Twinkies are worth their weight in gold. Get em' while you can.
Oh sure, you laugh slaughterer...but THEY FLOAT.
Reminds me of the path silver and gold are on...
Sorry guys, I'm a bit slow these days: what's the deal with Twinkies?
@Bokkenrijder
If you were a fatass American, stuck in pre-adolescent state with child-like instant gratification issues, who can't appreciate good food and would rather eat a Slim Jim over filet mignon or Kansas City strip, then you'd understand.
I guess you slept in this morning...
~~~
http://www.zerohedge.com/news/2012-11-16/twinkies-ding-dongs-maker-hostess-liquidates-following-failure-resolve-labor-union-a
@francis_sawyer
I'm well aware of the news. The only thing more pathetic than this would be if it were announced that Disney was going under and people ran to buy their faux fairy tales for $400 per DVD. Who gives a rat's ass if crap merchandisers go under?
I was replying to Bokks conundrum... No prob...
+ a priceless.......
Cursive
Either you are is a selfhating American, or simply Eurotrash.
Asians don't count because they eat dog and drink Penis wine. Can you be more fucked up than that?
I would shoot with self hating, and mostl likely blame it on Mommy issues. Not enough titty when you were hungry probably.
(Biden 2016 reading at a seventh grade level and proud of it)
@Gully Foyle
I love the America that was and wish she would make a return appearance.
She got old, lost her looks and started turning tricks for rich foreign gentlemen.
But we still have movies from when she was beautiful and vibrant.
Are you old enough to remember Joe Biden's plagiarism days?
Yeah, because cultures from around the world don't have the exact same thing.
Show me one country that doesn't have some form of sweet or dessert. Just because something is popular doesn't mean that everyone who eats them is an idiot. That shit doesn't even follow.
You've got a severe case of hating regular people rather than those responsible for the trends you hate and fear.
@tmosley
It's a twinkie, not tiramasu. It can sit on a shelf for 6 months and still be consummed. Great if you absolutely HAVE to eat it and nothing else is available, but not by choice. Where did I say that all sweets are wrong. And where did I call anyone an idiot? Try satisfying a sweet tooth with a real dessert, not some preservative-laced frankenfood. I don't hate anyone for eating this crap. Pity them, but not hate.
After TEOTWAWKI, the only 2 surviving foods will be twinkies and cockroaches.
@ThisIsBob
Cockroaches, with their protein, are arguably more nutricious. And no, I've never tried one nor hope to.
Because you can only eat one thing forever.
also Mickey Dees burgers and fries.
But if you've had those, you've probably had cockroach anyway. See how good roach can taste when prepared properly?
Assuming you are serious, Hostess (who makes Twinkies) filed for Bankruptcy liquidation.
I think I'd rather buy the original LP Stereo Sound Track version of Casino Royale.
I 3< Peter Sellers
Hostess should have thought of that. Maybe they wouldn't be BK right now.
Nothing is as sweet as Blythe Masters Tears.
Whilst bidding up the price of Twinkies (half shelf life of approximately 400 years) numerous European cities are burning, the Middle East is set upon a knife's edge conflagration of Gog and Megog proportions, the US continues to diddle itself as it financially fails ....
Yet some fucking people are paying a King's Ransom for fucking Twinkies.
This is why the World Deserves to Come to an End.
Oh, did you find one of those auctions that actually has a bid on it? Because until someone makes a bid, the ask is kind of meaningless.
Capitalism....at it's fucking finest!!!!
Where I live, the ghetto rats are hoardin up on these cakes like they are survivalists, and armageddon approacheth.
One local dad says he wants to save some for when his kids grow up so they can appreciate the goodies he had as a kid. With all the preservatives in this shit now, I'm sure you can put some in King Tut's grave and they will outlast hs mummy.
No "wonder" our kids are so fucking fat.
I see that! Cute!
If you remember Wall-E, they will be around long after we die.
pods
Twinkies, cockroaches or gay Twinkies
Twinkies fit the criterium of money - their halflife rivals gold.
Maybe soon debts will be paid in Twinkies instead of dollars?
Ironic too that a twinkie resembles an ingot of gold in shape & dimension... (not to mention the tungsten filling)...
Sticky, creamy tungsten filling.
(holy shit.....)
So that's how you tell if you got a salted bar...
Cut it in half and if its got a creamy center, it's been stuffed
"I've had these before!"
Could never bring myself to eat those things after watching that movie.
Maybe that is what is stacked in Fort Knox instead of the real thing.
This could also be an Ebay add after the world stops trading in FRNs.
pods
Ho's to Grupo Bimbo?... (how fitting)
Party Time http://www.youtube.com/watch?v=0zaOjNIDue0
Time for a Twinkies capital gains tax to help offset the deficit.
I think I could get $20K for a box of unopened T's and a Cabbage Patch Kid...
No one trusts a man with an unopened box of twinkies. Your offer is suspect!
Let alone a used Cabbage Patch Kid doll that alls can say is "Ow that hurts" or "Twink twice."
There is no such thing as a box of unopened twinkies... It does not exist in the natural world...
We really need Dan White to tell them that it's all about location, location, location.
The invisible hand at work once again as fat-fingered demand dominates union-stifled supply... $8,000 for a single Twinkie... and other offers... It seems, once again, that there are more than a few greater fools who still have no idea just how the bankruptcy process works...Grupo Bimbo, who wanted to buy Hostess outright in 2006, will almost certainly buy the various now defunct trademarks in a Stalking Horse liquidation auction, and will certainly continue making them (as we discussed here) collapsing any residual value.
Well, US bankruptcy law is rather malleable these days so who knows what to expect. Still, looks like a nice market for selling Twinkies futures. Corzine is probably soliciting funds right now.
Tulips! Tulip Bulbs for Sale!
Get 'em now!
$49.95 and Free Shipping!
USPOSTAL Money Orders Only!
"tulipchumps@hotmail.com"
Just sold all my Apple stock and am headed to Wal-Mart, Sam's and Costco to re-invest in Twinkies.
Change the name to Barney's
Ah, the power of stupid people in large numbers. The brand will be bought and the Twinkie will live again.
The good part is that any remaining Twinkies will last for thousands of years.
That's what Hitler thought.
I'm not buying anything "cream filled" over the Internet...
I'd avoid the 'Cream of Mushroom" soup at the 4 Seasons as well...
...and the Lobster Bisque... or the Cum of Sum Yung Guy off the local Chinese take-out menu...
You sure as hell don't want to Google 'cream filled' if your ad blocker isn't working.
Que bueno. Los Mexicanos venceran. Que viva Bimbo.
Yeah, well anyone who has much experience with ebay knows all too well that having bids on your auction is not remotely the same as collecting the money from your auction. I stopped using ebay since it became a clearing house for stolen goods and scams.
Sooo, you never used it?
That's when I started using it. Practically everything I own fell off a truck.
"will Twinkies be rebranded Bimbettes?"
The name "Twinkies" is the real value IMO - anyone can make baked goods, it's all about brand awareness and nostalgia.
I always wanted to sell deep fried spaghetti sandwiches and call them the "Elvis"
Yea that's important. You don't want to get cofused with gourmet foods.
http://imgur.com/q9jj0
Ten boxes for $1.5M
http://www.ebay.com/itm/10-Boxes-of-TWINKIES-/160923795415?pt=LH_DefaultDomain_0&hash=item2577ce3fd7
Free Shipping!
"There is, however, a small problem for all those hoping for a collectible value on Hostess products after today, and lifting these ridiculous ebay bids: Grupo Bimbo, who wanted to buy Hostess outright in 2006, will almost certainly buy the various now defunct trademarks in a Stalking Horse liquidation auction, and will certainly continue making them (as we discussed here) collapsing any residual value."
Negative. Those will be Grupo Bimbo Twinkies and they will never rival the flavor and texture of the Original Hostess Twinkie.
Your dastardly plan to drive down the value of my golden hoard will never succeed! muahahauahaha
Long live the Twinkie!
Long live the Twinkie!
Twinkies,the new gold.Twinkies and ammo baby.WTF
I have a box of Twinkies. Price $1 payable in silver eagle at face value.
Of course anyone with a silver eagle would be too smart for that one.
They said Twinkies could survive a nuclear war. While this has not be proven, we do know they can not survive a labor union.
Let the insults fly!
--> Romney'd
--> Bain'd
Or a private equity firm.
you can take your dog damn twinkies and stick 'em up your nose