3 CEO CFO gone — good riddance
How bad is there restatement going to be? Not bad enough to have the stock valuation be at 22$ a share. People shorting here are retarded.
Company isn’t going to default. I buy their products. Millions of others do. There is something there. It may go lower, but I can all but guarantee it will trade higher long term.
Seems like the new CEO they got is a decent business guy.
Assuming this is everything, even if there refilings are just “bad,” the lows are either in or are pretty close…
3 Responses to “DMND Quick Thoughts”
T Hansen
Getting new CEO and CFO and restate earnings for last 2 years
djmarcus
isn’t DMND just effectively reallocating all of their revs/costs etc. into the proper time period? Doesn’t actually Change anything if so.
yawn yawn. once the selling calms people will be pulling 50% wins on this easy.
djmarcus
and the bribing/input costs…
but really? 70 ->20
ok a one time fine and they fix books. honestly? big deal. means NOTHING.