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Mission Produce Inc T.AVO


Primary Symbol: AVO

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.


NDAQ:AVO - Post by User

Bullboard Posts
Comment by Clarenceon Aug 05, 2015 2:39pm
145 Views
Post# 23991599

RE:RE:RE:RE:Shorts are smart

RE:RE:RE:RE:Shorts are smartSo here is a question I hope someone can answer in clear and concise manner. Q: prior to resignation of CFO, the stock was 33 and that was with projection of 500 million and no reason to doubt it. All indicators in security industry pointed to good opportunity for growth and this is still the case. Investment firms were even mentioning 40 and 60. So what will make this stock go back up to 33 and beyond if same 500 million projections are being maintained and nothing special is occurring in the company? Profits do obviously not impress anyone in the market; otherwise you would have buyers streaming in. Remember, if projection is unchanged / 500 Million and no unanticipated extra growth and no new product then nothing really new. Will greedy shorts be forced out and that will push up value? Markets are doing poorly, much rumbling about recessions and bankruptcy so despite growth we will likely get sucked down like everyone else. So with 35% plunge like 2008 we could we hit 10.00 a share even if we meet targets. So why would investors pay $33 before end of 2016 1.5 years away?
Bullboard Posts