"So far, that doesn't seem like a reason to consider buying Diamond Foods, but hold on: Its stock has fallen so far that it's now a more attractive acquisition target. Kellogg itself, for example, is rumored to be thinking about buying all of Diamond. That could be smart for Kellogg, as the snack-food business is growing faster than many of its offerings. It could also benefit Diamond shareholders, as buyouts are typically done at a premium to a stock's current price."
LOL...Motley Fool's pathetic attempt to get the stock to bounce. Kellogg wants no part of DMND. Massive debt, cooked books and imminent BK. Yup, that's a company you want to run out and make a bid for!! Too funny :-)
Smart money remains short.
...got puts? :-)
The key takeaway from this article is that nobody KNOWS and the share price is like a rudderless ship in the open seas.
We need the restatements.
We need DMND management to speak.
We need a reason to either buy or sell.