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HORIZON LINES INC Message Board

  • Jettababe18 Jettababe18 Aug 13, 2010 3:41 PM Flag

    Jumping In

    i like the number 5 and at this price the dividend is 5% so i'm in.
    be sure to get in before the x-dividend date to receive the quarterly dividend.

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    • An astounding 10 times normal share trading volume today ,a drop of 4% in share price, but in a generally flat market.
      Seems to me like reality has set in, and people realize downside action has yet to be realized here.
      Wait until Dec when the Asia service commences,right when high season concludes, and right before Chinese New Years.

      The drain on cash and resources will be dramatic. It may make the longstanding Puerto Rico cash drain pale in comparison.

      What is wrong with the picture of these Horizon guys' purported "niche" service- solo operations with small ships from only 2 Asian ports, and high speed service- when every other major carrier has teamed up with other carriers in slot charters, and are slowing down their ships?

      Spin meisters rule.

      Caveat emptor!!