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Ultrapetrol (Bahamas) Ltd. Message Board

  • carlo29california carlo29california Nov 14, 2012 8:26 PM Flag

    Big Business in Brazil is the Key

    $1.88 to $1.95 per share from Mid November thru December 2012 for sure based on last years estimates, as I had mentioned on a previous post weeks ago, In late December the price per share will again increase between $2.10 to $2.20, and will be as good as it gets until it starts to compete with others in it's sector. For a real surge, ULTR will have to invest and use some of that new capital into Ocean business without fear of the dollar to capitalize with the demand of transportation from and to Brazil. I don't see this heppening anytime soon. FYI, be prepared for the shorts gradually coming into play. Call or Put options may be a nicer approach coming 2013.

    Sentiment: Hold

 
ULTR
3.37-0.07(-2.03%)1:28 PMEDT

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