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Diamond Foods, Inc. (DMND) Message Board

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  • lner2512 lner2512 Feb 8, 2012 5:28 PM Flag

    Here's the math

    Not zero sum, but the restatements don't address 2012. Pulling $60M into 2011 removes it from 2012; the question is how much will they be required to pay to keep the growers in future? Earnings for 2012 won't be hit unless they must pay more than the $60M already pulled into 2011.

    ITM, DMND stock is still trading at $21-22 in AH.

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