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EXCEL MARITIME CARR Message Board

  • audiophul audiophul Sep 25, 2012 9:36 AM Flag

    Seeking Alpha author is an idiot.

    Obviously doesn't know the first thing about EXM or the industry and merely read Yahoo stats for the company. Buffoon actually looks at book value of ships for which EXM VASTLY overpaid years ago and have NOT taken the write downs they should as their values have crashed to 1/3 of what they have paid. EXM OWES more than their fleet of ships is worth. Their is NO shareholder equity. NONE.

 
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