Why does anybody think there are? They haven't even filed the 10Q yet and today is the deadline for that!
Even the perma-bull Keybanc analyst, Ashkay Jagdale, says they will likely MISS the filing date. At that point they will have to release an 8k as material information and that will send the stock sharply lower as it means that it is confirmed that accounting fraud is an ongoing concern. At that point, the NYSE will sanction Diamond. Because of the overhang of the fraud, they could be delisted. This could get very interesting.
Anybody here around during Enron's collapse?
Very similar circumstances. We all see how that ended up.
More little girls in market taking another overblown statement. This gives people another buying spot. Don't miss it. And if you think this is another ENRON please bet me.. I will gladly take your money. Something tells me your a BS short..