Hedge Fund Cuts Stake in Diamond Foods

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 |  About: Diamond Foods, Inc. (DMND)
by: Lon Juricic

In an amended 13D filing on Diamond Foods, Inc. (NASDAQ:DMND) Prides Capital Partners disclosed a 4.9% stake (765K shares) in the comapny. The firm held 1.24 million shares for the quarter ended September 30, 2006. As recently as July 06 the firm was adding shares.

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