of course, every reasonable person knows we are
waiting for the next catalyst and more clarity
on proper valuation.
i am of the opinion that DMND is worth at minimum
75% of 2012 revenues, and low-balling those revenues
at 10% growth (co is growing at over 25%), one arrives
at a mkt cap of 825 million, or $37.50/sh.
the trading is low volume now, in search of conviction
from either side which will not happen until we get a catalyst, such as:
- restated financials 2010/2011
- 1Q 2012 report with guidance
- official statements from DMND or PG on Pringles
- closing of and findings of SEC/DOJ
- intentions of new leadership
Right. I have no position in this stock but the pumping has really bothered me so I have engaged on this board. Do not be discouraged by the lead pumper. A few weeks ago, Snowball was talking about a $15-20 stock and $100 million laibilty in shareholder suits. Then Snowball created a long position and now listen! Move on and take youe chances elsewhere - this one is headed to the dumper.
that's possible, Roger, but not definite.
the DOJ also could close their case.
either of these can say their investigations
are over and allow the co and its auditor
to complete statements satisfactorily, we'll
see.. every week we have something new to talk
about here, who knows what will happen next.
"After thinking about it for a little bit, I don't believe there is anything material about it at all"
That's been my position since Emailgate stated this AM!
Sadly there are some who actually expected DMND would be back to normal not now, but by the end of LAST year LOL. Hopefully this DMND exercise will be a learning experience for ALL.
If one is a fan of contrary thinking, perhaps it's a good sign retail is beginning to become impatient!
It does look authentic and I don't think you have a reason to lie.
After thinking about it for a little bit, I don't believe there is anything material about it at all. Nobody really expected the statements to be restated overnight.
I used my real email address that includes my full real name. I can't screen print without including this. I could try and take it out but then of course it would be altered. My offer still stands to email if you want it.