Diamond Foods, Inc. (DMND) Message Board

So is selling..

This company is far from the need to file for any CH11 and this is just another silly comment from another fear mongering short. Many companies carry debt. It's the price of doing business. I am recntly long on DMND, and plan to ride this thing out until we get some clear answers from management.

"Simple way to come clean."

Simple solutions from simple minds.

Spotting a BK target on the other side of a chasm is one part of the exercise.

Hand carrying the projectile over to it is the other.

You do realize,as a matter of course, the creditors will force a fire sale and that if DMND emerges from Chap 11 it may very well have nothing, no popcorn,no chips,no nut business, no processing plants,no share holders and probably no logo?

Wouldn't it be better for DMND to a)keep making their payments or b) sell off one of their businesses?

Personally, I believe that their debt problem is not an insurmountable issue. Their annual payments are/will be how much? Their annual income is/will be how much?

The pps of the immediate future may be slow to recover but, barring a deliberative sale of all its pieces,DMND is not even close to going under.

It's also a simple way to infuriate your shareholders and investment firms that rate your company and offer you financing and other services.

Reminds me of the old adage, "Every complicated question has a simple AND WRONG answer".

Stay the course. The Board of Directors here is working their way through the situation, which will likely not include filing Chptr 11.

Joe