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Diamond Foods, Inc. (DMND) Message Board

  • cleto487 cleto487 Nov 7, 2011 8:14 PM Flag

    can someone please explain??

    i have read a few articles and it seems to imply
    " improper accounting of payment made".. so I ask if they made a payment what was teh improperness? 1) that they didnt account for it? BUT they accuse them of having made payments aHEAD of time as an advance, so that seems to contradict no? INMho, it seems they made an advance momentum payment, so where is teh problem.. neutral here and took a positin this past wek based on teh exxaggeration.. INMHo.. comments? thx

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    • actually, I have reread a post answering me earlier that says tahtthe " problem is that an executive told teh farmer taht teh payment was for last years crop and not next years"... now i will accept that , BUT alltaht woudl mean is playing aroung with 1 year to pay for teh enxt year, not syaing that is great , if it is teh case, BUT worst case would be upping 1year and lowering the next.. and yes maybe teh deal could be jepordized, but this is a 3.50 per share stock so it is worth 45 thats it ..

 
DMND
26.93-0.12(-0.44%)Jan 28 4:00 PMEST

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