Wed, Oct 1, 2014, 1:16 AM EDT - U.S. Markets open in 8 hrs 14 mins


% | $
Quotes you view appear here for quick access.

Diamond Foods, Inc. (DMND) Message Board

  • mystic1973_m mystic1973_m Feb 9, 2012 1:45 AM Flag


    Here is my take after going through different articles,key stats and all--please look at the WSJ report as well...

    1.Book value per share is $20.63
    2.DMND has shifted costs by $80 million over 2 year period-didn't book false revenues or BOOGY SALES.
    3.DMND has been under scrutiny for accounting practices,which caused its share to drop from $90 to mid $30s-which means they are trying to come clean.
    4. P&G deal isn't happening unless DMND comes out clean with their accounting practices.
    5. Finally Audit committee declared correcting revenue...which is a BIG plus for investors..
    6.Its a BIG step for cleaning house and focusing on making deals with P&G...
    7. Revenue RESTATEMENT is a very common practice....doesn't mean its an end of a PROFITABLE BUSINESS...

    THIS STOCK SHOULD GO UP-those who have TOS can read this article in news section...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
28.61-0.10(-0.35%)Sep 30 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Cyber-Ark Software Ltd.
NasdaqGSTue, Sep 30, 2014 4:00 PM EDT
eBay Inc.
NasdaqGSTue, Sep 30, 2014 4:15 PM EDT
Move, Inc.
NasdaqGSTue, Sep 30, 2014 4:00 PM EDT