We made it!! Keep holding this stock its not done yet. Even with those who show disrespect on this site.
My prediction in around July this year on this site:
Don't buy and sell this thing. Just hold on for a long great ride. It is better to not lose out on the way up knowing this stock is a keeper. I will be glad a year from now knowing I more than tripled my return in just a 2 year timespan. A year from now they will be talking about the upcoming Olympics and World Cup. Within 2 years they will be talking about ULTR doing a buyback and/or becoming a dividend stock as most of the other water transportation stocks. Eight to ten within this year...12-14 wihin two years...my P/T. :)
Why would anyone show such disrespect? Go away DaBreeze...come back as another name. I was most often talking in generic terms about a company that "owns" this river business. As well as owning assets that are more valuable than what they owe. Still yet to come is recognition of the entire area of Brazil by the up and coming World Cup and Olympics. Even without that...again..they are leaps and bounds above any other company in the Hydrovia areana. Go away!!!
Prediction...over 7 by end of month 4-May-11 07:52 am After Friday's conf call...the picture will be even more clearer than ever where this company is headed. Once future is more easily seen, it will become more $$$$$ predictable for investors. Just one person's opinion....any others?
So now we know your predictions are nonsense. The buyback has nothing to do with their business being strong and everything to do with keeping a floor on the price. They don't have the money to fund $20M in buybacks, let alone $5M. I'm still positive on the future but until they can actually generate POSITIVE cash flow the jury is out.