Diamond Intl Group (DMND)

[runrunkak]

Anyone selling now is taking loss, except for shorts, but I cannot fathom short selling at this price. IMO there is some panic here and people are taking loss. I am even considering it, but I don't want to take a loss on 6000 shares. I also think people are making adjustments based on restatement that will soon be announced, and they are rethinking their position and do not have the guts to stay in pending outcome. In the end, this company is still a good company and, even if restatements are really bad, it opens up opportunity for buyout.

There is also no news out today that would cause this drop.