This banana stand beats the street, only in the regard that it isn't losing as much money. CFO jumps off the banana boat gets a position next same day. Lets blow a Billion and sell salids. Let's move corporate headquarters that will fix it. Ugh, and you wonder why I shorted this rotten fruit. The banana lady is hot but the stock is not. IMO MrPennyIII
even though this action is weird and Im enjoying it, it looks to me like it will sell off to almost no gain throughout the day. Whats to be optimistic about?? Everything in their business looks absolutely dismal.
It will be everyone's "deep value" for many years to come, dont worry. As a matter of fact, it will be even "deeper value" after their so-called "earnings" are announced. Their business model is in deep trouble as the banana market is in a complete dissaray in Europe and the salad business is getting killed in the US by private label. We will likely have further pricing degradation in both segments in 2012 it seems based on the latest pricing trends. What a great job these idiots have done at destroying shareholder value with the Fresh Express acquisition!!! WOW thats all that needs to be said. $5 this time next year man. Might become "value" at that point.