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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 24, 2016 12:20pm
129 Views
Post# 24697788

7,900

7,900Exactly. I try never to under-estimate my enemies which is the reason why I choose option b. I have to disagree with your statement: " Doesn't matter on the long run". because it did matter for the past two years. AVO is the ideal stock to make money by spoofing. The volume is low and therefore subject to easy manipulation. Also, the rapid growth made the P/E approaching 100 at one time which in my opinion was justified but also attracted the kind of shorts who knew that no matter what they would do, this stock would eventualy recover. Besides the big sharks this also attracted some harmless people like Condor and/or factsinoo who tried to make this game work for themselves.  It seems it makes some people feel clever if they succeed to make money because other people are "not so smart" and fall into the trap. For my part I prefer to invest in a team I think I can trust which is also the reason why I already made a fair profit on AVO, and this without any in and outs that harm other investors.  This theory by the way has been confirmed in as much I had a meeting with some executives of CIBC which I bluntly accused of playing games. No surprise to me; they did hardly say anything in their defence. ( Just to avoid misunderstandings CIBC did not worse then other banks)
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