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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 mercurysmithon Aug 17, 2016 10:51am
147 Views
Post# 25149907

RE:RE:RE:Retracing?

RE:RE:RE:Retracing?Retracing won't happen until the volume stays low (until after the panic selling is done).  That is slowly happening this morning.  No conspiracy here--just people looking out for their own self-interests (although often we aren't very good at doing this).  Assuming the company is solvent (nobody can realistically doubt it isn't paying its debts), at some diminished s/p, this is a good buy.  I thought $10 was that good entrance price.  I could be wrong, but then again, the history of panic selling and retracing is common with AVO.  It's not going to jump back up to where it was before the negative Q2 n/r, but I believe it will retrace a buck or two. Let's see what Mr Market has to say this week.
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