The auto industry invoices cars to dealers that havent even been made yet to pad the numbers. What about the banking industry and mark to market. I am sure all industries have their little accounting secrets to make things look better than they are. Even the government is guilty with the Fed Discount Window not disclosing how much it lent and to whom before the crash in 2008.
Not to mention the BP/Rig/Hal disaster or the Massey Energy mining fiasco.... Where are all of these stocks now?????
Sit tight and buy more this will blow over, they didnt kill anyone (well maybe someone killed themselves) or embezzle any money.
They said the same thing about Kodak all the way to zero. Don't forget, the number zero happens a lot in the stock market. At the start no one believes it can happen. Dmnd has much debt and little cash with unknown accounting fraud.