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

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From: tokyopua (Rep: 108) reply to stockjunkie415Date: 11/21/2012 20:14
Forum: Wall Street Pit - Msg #2333165 - List DMND msgs Thread #673477796 (Rec: 0)
Wow, I did not know they paid that much for Kettle alone. If you added up those two purchases DMND would be worth 3 times what it is now. Lots of negativity and FEAR on this stock, wonder what Buffet would say ;-)

Re: DMND is oversold technically speaking. Will it ever see the 30's+? barring a...



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I am a pickup artist, not an investment advisor, you would be crazy, stupid, and foolhardy to follow any of my personal investments. Dont buy or short anything I talk about, dont pass go, and dont collect $200.  These posts, including my retorts to certain posters, are for entertainment purposes only.


Reply to stockjunkie415 - Msg #2333164 - 11/21/2012 19:56

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.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser tokyopua: Reward | Watch | IgnoreDMND: Ignore

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