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Ultrapetrol (Bahamas) Ltd. Message Board

  • carlo29california carlo29california Jan 15, 2013 9:42 PM Flag

    Recap or Mishap

    Quoting, Hondo "The change in the financial performance taking place will result in the price moving up. There is no reason to think that it will slow down now and $1.95 to $2.10 will be only a memory by Dec 2012 and by 2016 no one that bot today will remember what they paid. I concur with dabreeze21 ; :Nonsense.

    We are now in January, Hondo! Just a memory, eh! This security will not have a chance to go above $2.16 in 2013, especially, if it does not get the oceanic contracts much needed. Still, this stock is still undervalued and a good buy. Brazil World Cup 2014 is just around the corner and I expect to see this to move up $2.05 with it's river business trending up to $2.16 by QE2. Wishful thinking on my part to come in the $1.40's-low $1.50's, before we get in the $2.00's. But, I do expect to see this one slide downwards before Tax season April 2013. We will see good volume and active trading in March, but no surprise surges.

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