Diamond Foods, Inc. (NASDAQ:DMND)
A food company deals in processing, marketing and distributing culinary, in-shell and ingredient nuts and snack products.
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This company has a decent brand and I am hoping they can pull through the recent crisis and get back on track. Kettle chips seem to be all the rage these days.
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After reading the financials*, this stock looks great.
*Financials made up
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Beat up, great brands, they will restate earnings and improve from here.
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why not buy here- tell me please!
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Profit is profit whether its accounted right or not. This stock is drastically undervalued.
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Where did Diamond Food go wrong?
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pray for diamond foods in investors eyes
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Vastly underestimated currently
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Diamond Foods is down 70% from its highs. If the restatements are anywhere close to the original, it's off to the races !!!!
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Still a good company with valued brands. Like Band-Aids are to JnJ, nuts are Diamonds bread and butter. New management will make the necessary changes to get this company back on the road. Another possibility is to have it acquired by a bigger international food company like Kraft or Unilever.
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"The Wonder of Compounding Interest"
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Advanced Quantitative Momentum Arbitrage (AQMA)
(black box)
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Give me new management!
This stock will bounce back.
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Bad CEO, bad accounting, and a business deal lost because of the first two. The two problems have been resolved and none of them will stop people from eating popcorn, potato chips, and nuts.
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From cooking the books to now eating a humble pecan pie.
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I'll play ball............
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purely a bounce play
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Stock is down 36% on accounting restatement and ousting CEO
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fraud will be backed out and the real numbers at the present valuation are probably a good value.
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Too good to fail
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