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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 shankarkalon Aug 16, 2016 4:11pm
251 Views
Post# 25147400

RE:RE:RE:RE:RE:RE:Nervous nellies and shorts.

RE:RE:RE:RE:RE:RE:Nervous nellies and shorts.you are damn right!. This company has pushed all genuine investors into the trap of short sellers who have made a big killing! No institutional investor buys this stock or atleast intervene  to stop the plunge. There are companies like WPC, CPG , CNQ  who have posted negative EPS or net loss much larger than AVO. But their share prices have not nosedived  like this because institutions came for their rescue. Infact, many of the oil stocks have regained  their prices in a short time or on the recovery path.  No stock tanks like AVO even for a minor performance loss. That is sheerly due lack of investor confidence on the management only.  Unless the company changes hands to professionals , there is absolutely no hope 
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