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Dole Food Company, Inc Common S Message Board

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  • alecco_99 alecco_99 Jan 7, 2013 12:05 PM Flag

    Why the sudden spike?

    I am expecting the Stock to go UP not down with this deal...They are going to wipe all their debts.
    They have 1.69 Billion in Debt and getting 1.69 Billion from the Sale. Their Revenue will drop also
    by 1.69 Billion give or take...So The revenue for 2013 will still be Solid, with No Debt and Low Shares...My estimate the Stock will go back up to $14-$15 after the Sale is closed.

    Sentiment: Strong Buy