"hey moron....they are "buying" pringles with issued stock"
Yes, stock is part of the equation with additional debt the other part. How much debt? Depends where DMND is trading prior to close.
Yeas you right to short big time but my avvise is to wait for $104.00! Possible on monday or for sure on tuesday after the report!and also my avvise is if you short at $104.00 is a chance that you still losing!
I will be watching Mondays action closely. Up or down a little bit, will mean that the stock is probably consolidating after fridays big jump before another move up. Also you have to consider the way the market fluctuates. Its smarter to look at this stock week by week instead of day by day.
Once they miss the filing deadline on monday, there might be a nice fear drop.
Short float is probably greatly reduced, so the chance of a gap up is limited.
Will probably move calmly with the market.
For sure it was oversold, but now it is overbought by at least $5.
A good short scalp from here.
Can you read the attached chart:http://finance.yahoo.com/q/ta?s=DMND&t=1y&l=on&z=l&q=l&p=&a=r14%2Cw14&c=
Do you still believe is it overbought by $5.00?
You need to learn a lot about the markets before just giving your baseless opinion.