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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 01, 2017 4:22pm
162 Views
Post# 25915010

RE:RE:RE:RE:RE:In this market you build on momentum

RE:RE:RE:RE:RE:In this market you build on momentum@ Clarence.  The trading was so irrational and with high volume that I did not have a chance to collect enough proof for my own satisfaction to state that it was indeed manipulation. Also, it was unexpected and I did not spend sufficient time on it to be sure of anything. That was the situation until about 2;00pm.  Now I have to agree with you.  Still, it could be that long term buyers are in control of the game.  If so; it still would be manipulation but it would not be as harmful as the old way of getting contineously in and out.  As for a take over:  This does not always help because there is also something called "unfriendly take-over" which occurs when the buyer can buy enough shares on the open market to gain control.  It is not likely to happen with AVO because insiders own a substantial portion of the shares and I guess AF would not sell his shares under $50.00,  not even now but much less later. So, one way or the other the price is going up but not necessarily with the speed we expected after a great period.
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