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EXCEL MARITIME CARR Message Board

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  • croatian_sensation79 croatian_sensation79 Mar 15, 2005 1:38 PM Flag

    WTF??? EXM...

    As one person told me when I told them the EXM story....

    The issuance of additional stocks is the best indicator that the company believes that their stock is the highest pricing point...

    So I don't know how much undervalued this stock really is...

    That's why I don't think your consipiracy theory really works....the only thing that Greeks care about is to get the most $$$ out of the issued stock possible...

    That's just what I think....time will tell what's the real truth...

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    • Conspiracy theory... I believe 100 million dollars in potential profit in the short run is reason enough. Think about it. The PPS would have flyed to $35-$40 from the $28 price before announcement. Days shortly after that could have announced the secondary and priced in around $30. However, they shocked everyone with they announcement and sent shares down 20% in oneday. Yes, I believe an investor is sitting on the sidelines who will purchase a substantial stake in this company. I believe it was already worked out and the plan is in motion. The investors only concern was his entry point and making a substantial ROI.

    • but they could have gotten more money if they would have waited.

 
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