RE: DMND ****Diamond Foods' Potential Upside Significantly Outweighs The Potential Downside
summary, as a deep-value investor who prides himself on contrarian thought, Diamond Foods appears to have set the stage to be a very compelling play. Certainly at this time, my opinion is that the potential upside significantly outweighs the potential downside and we have already seen a few cases of empirical evidence that proves that the stock is prone to quick and significant short covering rallies based on little more than rumors, opinions and innuendo. This is a classic Risk vs. Reward scenario, where the odds are now sharply favoring a near-term upside share price appreciation by June, barring any disastrous turn of events that may derail Diamond Foods completely. However, if history is any indication, the new interim CEO, Rick Wolford, has just recently hammered home a multi-billion dollar deal involving the same private equity groups that he is now courting for investment into Diamond Foods. I have placed my bets, and will continue to add to them on further weakness in the share price.
seekingalpha.com
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Novs is acting very well- We need trading & help some people take profits , so when the "White Swan Event happens, the stock will break a buck.
Kirby |
