soapbox

Diedrich Coffee: A Web of Misrepresentations

give me a break....all of you haters out there....bottom line is fadish home coffee producer really worth paying 95x earnings to gain market share???? That's almost double the multiple GMCR is currently trading at....everyone is wondering about shorty here pushing the stock down from the $30 dollar level to the low 20's....funny thing no is commenting on how ddrx was stuck in the low 20's for several months after stalling in the mid 20's at the beginng of the fall and suddenly runs up to the 30's on no news...so much for chinese walls...who was the banker on this deal?? news of the pending deal was obviously out....if anything that 's where the SEC should be looking ...not at shorty here....Crazy thing here is Peets using it own overvalued currency to partial fund this deal...I agree with shorty Peets needs to be looked at more in detail for the short case....can't figure out way the PEET's stock has historically traded over is intrinsic value...disclosure no position in either...but believe both companies are grossly over valued....