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Excel Maritime Carriers, Ltd. Message Board

  • play_tow play_tow Mar 17, 2005 2:21 PM Flag

    Trading around $21

    I think the relative stability of trading, at large volumes, near the SPO price of $21 speaks to
    a likely bottom for EXM price.

    Barring some unforeseen sudden change in global economics/politics, then I would look for a bit longer active trading near the SPO price as shares move from the SPO subscribers to new holders (funds, individuals, etc).

    Next week, I would begin expecting a climb in EXM

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