Discussion in 'Stocks' started by icymonsters, Jan 16, 2013.
thinking about putting on a long postion thoughts?
how low can it go
Why are you thinking about going long?
I trade DMND and have a position in it currently.
this stock caught my attention when it took a shit due to that scandle.. i bought some leaps on it when it was in the 20 area.. obviously it didn't work out.. i remember.. i put a ratio backspread on it otm.. bleed quite a bit for a while.. then closed it at a small loss..
The thing is a f*cking dog. They created a lot of bad blood with the farmers with their shenangians. Trying to play fair is a lot harder game.
they obfuscated what they owed to suppliers through a deal.. just another way to account for it however they wanted.. total pump and dump... but hey they said it was just an accounting mistake.. from here i don't know what to think.. i'm just buying their almonds not their stock..
check this out...
I'd bet he made it look like he was buying right into the bubble .. with those small 1000 share purchases...
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