oh my gosh, this is huge. if #$%$ like TSLA can go from 25 to 115 in two weeks after earnings, DMND can also go in triple digits. Remember GMCR and DMND both fell from 70s in 2011 at the same time. GMCR is back to high 70s. DMND is next.
I was one of the people who was actually in GMCR with a large position at $22.22/share last year. No joke. Bottom feeding at its finest. I thought that I was a genius when I sold it at $30.00/share. I know that hindsight can be your own worst enemy when it comes to stocks, but nevertheless, that exit at that low level right before GMCR ran up the hill and into the stratosphere will go down as one of my biggest blunders in the stock market, without a doubt.
I was going to use this position in DMND for a trade play for some quick profits, but the more that I think about it, the more that I am tempted to hang on for even higher levels than where I originally wanted to sell it. This stock is a turnaround story in the works.