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Forum - Wall Street Pit (Diamond Foods - DMND)    Stock Due Diligence for All

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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.



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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 =)

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