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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

Comment by Pieperon Mar 08, 2016 10:59am
116 Views
Post# 24634311

Fear is no longer dominating

Fear is no longer dominatingAgain  there are signs that tradings have been arranged with one purpose only and that is to bring the price down. It may have been done in the hope that they can buy back more shares at a lower price which may be considered fair play because after all nobody is forced to follow and sell at this price. However it may not stop there; it could be that they want to recreate this athmosphere of fear.
To avoid that I would like to mention one other reason why this could have been done, some even by longs which in the interest of longs I don't want to mention but the one thing is the DESPERATION the shorts must be enduring right now. They need to buy but have to minimize their losses at the same time. I hope that longs with more reserves then myself can take advantage of this situation.
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