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  • white_sox_curse white_sox_curse Jul 24, 2008 4:37 PM Flag

    $100mm of market cap gone

    I'm just saying that the loss of market cap in one day alone has a comparable loss of three lost vessels. I am aware tomorrow it could right back up. However, the volatility is absolutely amazing given that these guys have no capes, panies, or suzies. Their customers are baased on specialty cargo with many having term contracts. Now trading at less than 6x 2008 P/E (per analysts).

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