Was Steven Schuster the guy who wrote the SumZero article about GSL? I don't have access to SumZero. Would be interesting to see how he came up with those earning numbers.
Doesn't this look like a pump-and-dump article? 80 cents dividend?"He figures free cash flow will increase to $72.8 million in 2012 and rise to $84.2 million in 2013, up from 2011’s 47.6 million. Snyder rates GSL as a buy"Who here thinks the 1996 and 1997 ships can fetch $28500+ rates in 2 years?
Maybe, but at least the article cites a couple of different opinions. The second opinion is that 2013 earnings will be $0.65. If that comes to pass, then the first opinion regarding a dividend of $0.80 by 2013 looks way too optimistic.I bet the gentleman sells well before the stock hits $8.