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Capitalism At Work: Twinkies Soar On Ebay

Tyler Durden's picture




 

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:

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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Fri, 11/16/2012 - 17:06 | 2989613 Frank N. Beans
Frank N. Beans's picture

actual amounts being bid on Twinkies on ebay is from $10 to $20 a box with 19 hours to go.

 

Fri, 11/16/2012 - 17:08 | 2989621 devo
devo's picture

Hm, let's see, a box of twinkies or 5oz gold...

Fri, 11/16/2012 - 17:23 | 2989679 redeals
redeals's picture

C'mon you know you want the Twinkies.

Fri, 11/16/2012 - 17:10 | 2989631 Henry Hub
Henry Hub's picture

I was amazed to read recently that Twinkies have a shelf life of TWENTY YEARS! What kind of chemicals were they putting in this crap?

Fri, 11/16/2012 - 17:24 | 2989683 Henry Hub
Henry Hub's picture

I have to confess to posting false information on ZH (it will never happen again I promise).

Twenty year self life for Twinkies is an urban myth. I hope this information hasn't caused anyone to make a mal-investment in Twinkies.

From Wikipidia:

"A common urban legend claims that Twinkies have an infinite shelf life or can last unspoiled for a relatively long time of ten, fifty, or one hundred years due to chemicals used in production. This urban legend is false, although Twinkies can last a relatively long time (25 days or more) because they are made without unstabilized dairy products and thus spoil more slowly than most bakery items. In reality, Twinkies are on the shelf for a short time; a company executive told the New York Times in 2000 that the "Twinkie is on the shelf no more than 7 to 10 days."

Fri, 11/16/2012 - 18:57 | 2989948 Rainman
Rainman's picture

whether Twinks are 20 years old or 20 minutes old is immaterial....it's still shit .

Fri, 11/16/2012 - 19:58 | 2990107 Dr. Sandi
Dr. Sandi's picture

That sounds like the 'Twinkie Test' you can use for dog shit found on your lawn.

If the stuff goes away on its own in a few days, the dog is eating a decent diet. If it's still there when you put the house up for sale, the dog is eating that dry 100# bag crap from Wall-E Mart. And that means the dogpile has outlasted the dog that dealt it.

Fri, 11/16/2012 - 17:19 | 2989668 redeals
redeals's picture

Can we pay our taxes with Twinkies? They seem to be more valuable than the dollar.

Fri, 11/16/2012 - 17:22 | 2989675 Satan
Satan's picture

Think of all the stoners out there crying into their bongs!

Fri, 11/16/2012 - 19:59 | 2990111 Dr. Sandi
Dr. Sandi's picture

Damn, this a blow here in Washington, where we just legalized recreational marijuana.

I only hope the people who make Moon Pies aren't having labor negotiations.

Fri, 11/16/2012 - 17:24 | 2989685 pragmatic hobo
pragmatic hobo's picture

do these twinkies contain colorado weed or something?

Fri, 11/16/2012 - 17:39 | 2989731 digalert
digalert's picture

Now hearing reports of "counterfeit Twinkies" being sold as the real thing...

Buyer beware, have your Twinkies tested!

Fri, 11/16/2012 - 17:49 | 2989769 lakecity55
lakecity55's picture

counterfeit twinkies can be detected by ultrasound testing.

You can also use a GC-Mass Spectrometer, but you have to open the wrapper and burn a small amount of the product.

Go for ultrasound!

Fri, 11/16/2012 - 17:45 | 2989751 lakecity55
lakecity55's picture

They can spoil after a while.

But, they are more valuable than FRNs! I suppose Ben will be dropping them off the chopper.  If we freeze them, they will maintain their value!They will even accrue FRN interest, better than a gubbermint bond!

I don't drink, so I am stashing booze to trade. I would eat all the Hostess products, so for me, that's a no-go.

The bad thing is that communist bastard Trumpka, is blaming the "capitalists" instead of the greedy union members who would rather get o-phones and food stamps than take a pay cut but still have a job.  Just watch, these Reds are going to begin stirring up more and more resentment until the o-phone maggots start attacking anyone who looks like they have a job.

Trumka sucked back when I was in the UMW, and he sucks worse today. All he cares about is fleecing the union brotherhood for cash he can spend on himself.  He once came to a rally in a super-caddy with thug bodyguards, all of them wearing 1000$ suits bought with our dues.

Some pigs are more equal than others.

 

Fri, 11/16/2012 - 17:56 | 2989796 robertocarlos
robertocarlos's picture

Some people can't afford pay cuts. They are hooped iether way so they will fnd new jobs or go on some form of govt largesse. They seen them Obama phones and SNAP cards. And who wouldn't want section 8 accomodation in a million dollar Florida mansion.

Fri, 11/16/2012 - 17:50 | 2989774 Downtoolong
Downtoolong's picture

But, are the new Twinkies going to be a Real Twinkie or a Sears Twinkie?

RIP Frank Zappa

Fri, 11/16/2012 - 17:52 | 2989779 dogbreath
dogbreath's picture

BUY IT NOW

Fri, 11/16/2012 - 17:54 | 2989784 King_of_simpletons
King_of_simpletons's picture

One worker's salary got cut from $48000 to $25000 a year, so bad that it isn't going to be worth for many to work there anyway. More: http://finance.yahoo.com/news/workers-react-hostess-closing-range-200800374.html

Fri, 11/16/2012 - 17:59 | 2989803 robertocarlos
robertocarlos's picture

Twinkies will still be manufactured in Canada under a separate licence agreement. Until I read that I was going to grab the last loaf of Wonder Bread ever.

Fri, 11/16/2012 - 22:13 | 2989871 mrmister
mrmister's picture

Hostess Twinkies are now investment grade securities. They are more honored than U.S. Currency. They are selling out in my small community. They will be gone. Only to be replaced by LITTLE DEBBY OBAMA CAKES. One girl at grocery store took off work to buy boxes of twinkies.

 

ZOMBIELAND

 

 

$999,999 at AMAZON PER BOX  http://www.amazon.com/Hostess-Twinkies-individually-wrapped-twinkies/dp/...

 

Fri, 11/16/2012 - 18:28 | 2989884 Coldsun
Coldsun's picture

Pictures not showing up...

http://cheezburger.com/6772957952

Fri, 11/16/2012 - 18:29 | 2989889 Yes_Questions
Yes_Questions's picture

 

 

So, It will be the roaches that remain afterall.  

 

Alone with no twinkies.

Fri, 11/16/2012 - 19:09 | 2989962 edifice
edifice's picture

It's okay, there will be plenty of McDonalds to feed them.

Fri, 11/16/2012 - 18:38 | 2989908 stant
stant's picture

those brand x twinkies will be tungstun filled. not like the real ones i am hoarding in my freezer. to barter for silver

Fri, 11/16/2012 - 18:38 | 2989909 GreatUncle
GreatUncle's picture

Lol.

You know something those will be the natural prices soon.

Buy a box of twinkes for 1K will seem a bargain :-)

Fri, 11/16/2012 - 19:19 | 2989980 GrinandBearit
GrinandBearit's picture

I just looked and Ebay is saturated with Twinkies now -lol

Sheeple are hitting bids at $8.50-10.00 per box.

Fri, 11/16/2012 - 18:52 | 2989936 edifice
edifice's picture

Jesus, it's like the tulip mania of 1637. Once sheeple realize another company (Bimbo?) is buying the trademarks, and Twinkie production resumes, prices will fall like a rock.

Fri, 11/16/2012 - 18:55 | 2989943 GrinandBearit
GrinandBearit's picture

I used to work with Bimbo.

Unlike the 18,000 former employees, I can assure you... Twinkies are not going anywhere.

Fri, 11/16/2012 - 19:55 | 2990090 Tunga
Tunga's picture

Twinkies has a half life of 23 million years. So ya. Not worrired. 

Fri, 11/16/2012 - 18:58 | 2989949 lo574
lo574's picture

That's what they said in Chicago about their famous Dressels cake line in the 90s.  Even after purchase, they went belly up due to debt.  :(

Fri, 11/16/2012 - 19:18 | 2989978 dobermangang
dobermangang's picture

Just came back from the supermarket.  The lady in front of me had 8 boxes of Twinkes in her cart.  The run has started!  Please leave a few boxes of Ho Ho's for me.

http://www.oregonlive.com/business/index.ssf/2012/11/twinkiepocalypse_ar...

"Customer streamed into the Wonder Hostess Bakery Outlet in a strip mall on the west side of Indianapolis Friday afternoon after they heard about the company's demise. Charles Selke, 42, pulled a pack of Zingers raspberry-flavored dessert cakes out of a plastic bag stuffed with treats as he left the store.

"How do these just disappear from your life?" he asked. "That's just not right, man. I'm loyal, I love these things, and I'm diabetic.""

Fri, 11/16/2012 - 19:20 | 2989983 QE49er
QE49er's picture

Bullish on Liquor, Charcoal, Silver, Twinkies, Crude.

Fri, 11/16/2012 - 19:24 | 2989988 MachoMan
MachoMan's picture

Reminds me of what happened to ebay when bing had its discounts for ebay purchases...  bing offers 20%+ cash back...  prices immediately rise by 15%...  whocoodanode. 

Fri, 11/16/2012 - 19:30 | 2990000 TWSceptic
TWSceptic's picture

Ok but can I still pay with food stamps?

Fri, 11/16/2012 - 19:30 | 2990001 franzpick
franzpick's picture

Current high Twinkie offer is $2,500,000 for box of 10: get ready for prices like this after Ben & Barry's new kool-aide concoction is helo-dropped nationwide:

http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&_nkw=twinkies&_sop=16

Fri, 11/16/2012 - 19:35 | 2990016 news printer
news printer's picture

Q: What would be the price for all 10 and would it include free shipping?
A: I'll knock the price down to $50,000 for all 10. Shipping stays at $2.49

Fri, 11/16/2012 - 19:44 | 2990050 marcusfenix
marcusfenix's picture

this makes me want to go watch zombieland.

best twinkie movie ever, if you haven't had the chance to see it, i highly recommend it.

Fri, 11/16/2012 - 19:51 | 2990076 Tunga
Tunga's picture

Wait! That's not a Sears twinkee is it?

 

Fri, 11/16/2012 - 19:52 | 2990081 Tunga
Tunga's picture

...cause those are worth some serious Roe-bucks. 

 

Nuc nuc.

Fri, 11/16/2012 - 19:53 | 2990084 toomanyfakecons...
toomanyfakeconservatives's picture

ZH is late on something for once. Saw this coming the second the news about hostess broke.

Fri, 11/16/2012 - 19:58 | 2990106 gould's fisker
gould's fisker's picture

Took a long time for someone to notice that twinkies will be an excellent $$ making opportunity in the endtimes which are surely upon us:

http://www.youtube.com/watch?v=h81VGWQip4k&feature=player_detailpage

 

Fri, 11/16/2012 - 20:00 | 2990116 Tunga
Tunga's picture

Hostess bitches!

Fri, 11/16/2012 - 21:22 | 2990369 Atomizer
Atomizer's picture


 

Do no fear Komrades, Chinkies-san wirr no perish from sherves. Once Kapitalist organization is bankrupt, blands wirr be sold to lucky Chinese Komrades who-san have learn to keep Komrade rabor-san force joyfur.

 

Greetings ZHer's, hope all is well!

Fri, 11/16/2012 - 22:47 | 2990523 mrmister
mrmister's picture

WOOOH how will this effect BREAD.. HOSTESS MAKES MANY BRANDS OF BREAD INCLUDING HOMEPRIDE, WONDER, NATURES PRIDE,

 

TWINKIE TOO BIG TO FAIL government Bail out http://www.politico.com/politico44/2012/11/petition-wants-obama-to-save-...

 

CEO  http://www.cnbc.com/id/49852161

Sat, 11/17/2012 - 02:23 | 2991038 FreeMktFisherMN
FreeMktFisherMN's picture

I'm going to the grocery store right away tomorrow to buy some to sell on ebay. These things are going for 37 a box right now.

Sat, 11/17/2012 - 04:36 | 2991171 Me_Myself_and_I
Me_Myself_and_I's picture

I first heard of Twinkies while watching the movie, "The Ghostbusters" in the theater. 

I had no idea what they were, but I was curious.  I saved up my pennies and bought one, ate it, and nearly puked. 

 

Sat, 11/17/2012 - 04:47 | 2991179 monad
monad's picture

If you leave an unwrapped Twinky on the shelf no fungus or mold will grow on it. Even vermin and ants won't touch it unless they're really desperate. Just like GMO products. Hostess could sue Monsanto for infringement or license their technology to them. This is no reason to call it quits, there are plenty of zombies requiring their services.

Sat, 11/17/2012 - 05:43 | 2991207 Lord Koos
Lord Koos's picture

Asking price and actual price are two different things.

Sat, 11/17/2012 - 08:38 | 2991329 Lloyd_Xmas
Lloyd_Xmas's picture

Biden 2016
Twinkles are dead and economic stupidity is alive

Sat, 11/17/2012 - 09:33 | 2991387 Atomizer
Atomizer's picture

Time to shell out those Franklin’s |200K minimum bid opening.

Sat, 11/17/2012 - 10:00 | 2991423 Jahbulon
Jahbulon's picture

No bailout for twinkies?

Sat, 11/17/2012 - 10:15 | 2991441 Composter
Composter's picture

This sounds like part of Obama's Economic Recovery act.

So, what did Dan White eat before he killed Mayor Moscona, anyway ?

And who gave him the Twinkies - Feinstein, hoping to launch her political career ?

Sat, 11/17/2012 - 10:15 | 2991442 Composter
Composter's picture

This sounds like part of Obama's Economic Recovery act.

So, what did Dan White eat before he killed Mayor Moscona, anyway ?

And who gave him the Twinkies - Feinstein, hoping to launch her political career ?

Sat, 11/17/2012 - 11:20 | 2991529 Never One Roach
Never One Roach's picture

Flip that Twinkie!

Sat, 11/17/2012 - 13:43 | 2991846 Winston Smith 2009
Winston Smith 2009's picture

Morons.  Someone will eventually buy Hostess' recipes and reproduce them, perhaps Dolly Madison.

Sat, 11/17/2012 - 17:29 | 2992261 Winston Smith 2009
Winston Smith 2009's picture

"Capitalism At Work: Twinkies Soar On Ebay"

More like idiots at work.  As I expected, Twinkies may yet live!:

The Twinkie: Will it return as a Mexican expat?

Hostess Brands is liquidating its business after 82 years, which means some of the most iconic brands of the century may be up for auction. Will Twinkies become a foreign import?

http://www.csmonitor.com/USA/2012/1117/The-Twinkie-Will-it-return-as-a-M...|+USA%29

Little Debbie is also looking at buying them.

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