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Genco Shipping & Trading Ltd. Message Board

  • masterwallstreet masterwallstreet Jul 26, 2013 3:02 PM Flag

    Better buy before it is too late

    In my opinion only, people let us have some common sense. As an investor, I like to find plenty of stocks that have opportunities of making huge moves. Let me give you my opinion why I bought this stock. I feel that the company has great potential of making huge moves. Insiders own 28% of it, institutions own 47% of it, their float is very low. It has been shorted by 35%. This is a candidate for a very big short squeeze. The share book value is 23.88. They are coming out with earnings in less than 5 days. If it moves, it has the potential of going from 100 to 200 to 300 % in my opinion only. This industry is coming back. Look at what happened to Yellow Freight. This company has better opportunity and more reward than risk especially when the book value is 23.88. for all the shorties out there here is a message bad shorts bad shorts what are you gonna do what are you gonna do when the stock rises on you.

    Sentiment: Strong Buy

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    • 'The share book value is 23.88."

      I'll bet you can't tell me why the book value is out of whack with the share price.

      "This industry is coming back. Look at what happened to Yellow Freight."

      WHAT? You are seriously trying to compare a drybulk shipping company with a trucking firm? WOW. You are indeed a fool.

    • You have no idea what the company owns or owes, do you? I'll bet you have no clue WHY the book value is out of whack. You sound a lot like a lying pumper.

      • 1 Reply to audiophul
      • I guess you are a basher who is about to lose his shirt. If you go on Yahoo Finance company profile you could get a lot of the information about the stock. It is called research. I recommend everybody doing research before buying a stock. I spent several hours doing research looking for the best possible deals. Insiders purchased a large amount of stock recently. You better cover before it is too late. We will see who is right or wrong in about 5 days when earnings come out. I recommend everybody do research before buying any stock.

        Sentiment: Strong Buy

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