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Diamond Foods, Inc. (DMND) Message Board

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  • lner2512 lner2512 Nov 4, 2011 6:40 PM Flag

    explain please.... DMND was 50 dollars before

    10K filed in September included standard Commitments and Contingencies note that did not mention any material outstanding issues. Implication is that no one--Board, management, auditors--was aware of the issues raised in the "external communication" reportedly received by the Audit Committee.

    Cramer wondered on CNBC whether the deal would go through at all, said he'd had to eat crow because of his faith in the CEO, who has been on his show. As Dennis Gartman says, there is never just one cockroach. Hopefully, they'll issue another press release soon.

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