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Trico Marine Services (TMAR) Message Board

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  • abvillian abvillian Oct 26, 2003 11:17 PM Flag

    good luck next week to all

    can you provide a link to this news?
    where did you get it?

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    • Year end for mutual funds is oct 31st. they wipe this stuff off there books and they are not price specific...It creates a tremendous opportunity fot those who are NOT SCARED to buy it in the face of what it looks like to be a disaster....Bear Stearns just completed a conf. call with them upgrading there senior debt to a buy. It trades around 65-70 cents on the dollar. On top of that, thre new CFO is a former banker at First Boston...I imagine he should be pretty good a amending any lines of credit and bank facilities in the future...They have just completed the sale of two vessels for over 50 million...Directors bot the stock at over 2.50 and bottom line, down here the risk reward just makes a lot of sense...Take advantage of it...Or you can go out and buy some NFLX, that one is cheap...Maybe a homebuilder, they haven't run too much...Wall Street always does the wrong thing at the wrong time...Be a contrarain and you have a great shot to make some $$$$$...Good luck to all....