|From: stockjunkie415 (Rep: 30)||Date: 11/21/2012 19:56|
|Forum: Wall Street Pit - Msg #2333164 - List DMND msgs ||Thread #673477796 (Rec: 0) |
|DMND is oversold technically speaking. Will it ever see the 30's+? barring a buyout, probably will not for the forseeable future. However, I'm looking for a short term bounce to 15-17's. There is a gap to fill up to 18. |
The short interest is almost half the float.
Do recall that Kettle was bought for $615M just a couple yrs ago. Pop Secret was bought for $200M just 4 years ago. Right now, the total market cap is $288M. The numbers just signify overdone. Yes, past values don't justify future values, but just to put things in perspective.
of course IMO.
Do not listen to any of my stock picks/calls because they are meant for myself only and no one else. follow at your own risk. I never claim to be better than the next person. Just love to trade =)
|NOTE: This message has been revised 2 times. Read original version of this message.|
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