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EXCEL MARITIME CARR Message Board

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  • kbrustmeyer2003 kbrustmeyer2003 Mar 15, 2005 2:12 PM Flag

    WTF??? EXM...

    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.

 
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