|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...
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.