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DA Davidson agrees with Herb Greenberg's assessment of Diamond Foods (DMND +1.9%) this morning....

DA Davidson agrees with Herb Greenberg's assessment of Diamond Foods (DMND +1.9%) this morning. The firm says the Diamond's recent announcement that it was terminating its purchase of Pringles was a positive for the stock, and brings it closer to being acquired by Kellogg (K -0.1%).
Comments (2)
  • DeepValueLover
    , contributor
    Comments (8618) | Send Message
     
    DMND will probably be bought out. There is just too much cheap capital sloshing around for these PE firms to just sit tight.
    16 Feb 2012, 01:31 PM Reply Like
  • todd.kaime
    , contributor
    Comments (94) | Send Message
     
    Wouldn't it be ironic justice that Kellogg acquire Pringles AND Diamond Foods?
    29 Feb 2012, 04:28 PM Reply Like
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