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Seaspan Corporation Message Board

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  • hoodsie99 hoodsie99 Jun 29, 2011 4:04 PM Flag

    DOes Anyone Seriously know What is Happening.

    The action in SSW in my opinion is quite negative.....all of the above average volume days over the last 60 days have been down days.....the business model appears to be reasonable and newer ships are a cash flow being negative is my biggest concern.....managing the debt level is the key to this stock responding positively when some of the new builds begin to operate with higher day rates....also falling oil prices should be a positive....I also own (NM) a dry shipper that is acting better than this container shipper....I'm holding and watching the action on SSW vs. Others.....being the end of the month there could be some effect from options?

13.33+0.14(+1.06%)Sep 30 4:02 PMEDT