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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

Post by Pieperon Jun 16, 2017 11:09am
186 Views
Post# 26370987

What is going on?

What is going on?The downward pressure remains but the low volume indicates that people are not much in a panick.
Unfortunately the low volume also makes it easy to manipulate further.  Also, honest buyers realize that there is contineous downward pressure and therefore know that patience pays off and have no incentive to increase their price of the offering. I'm sure the present situation would make it very easy to push down the price an other dollar. What is not sure is that they could buy back more shares than they sacrificed which would mean no profit. However, I'm sure they will try.  Interesting is an other change I observed:  Three years ago when this tiresome game started those gamblers had to increase the downward pressure with lies about AVO.  One could read about AF cooking the books to make AVO look better than it should and many other stories. This does no longer work because AF delivered what he promised but it also is no longer required because most honest investors lossed interest.
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