MCL! How did you know I was thinking of you! But I thought, No, I've bugged him enough about this stock. Are you considering??? M.R.
Do believe FREE is just beginning a big run over the next six months. Not too late! Counting, three debt reduction plays for FREE inside of three months..? and the latest is $10M investment by large US investor. Regrets will only grow if you sit back and watch. Just read the FREE announcements since July. Sharpei
Yep, omne, been reading: 'Ross is putting a stake in the drybulk market, after having established positions in handysize tankers, suezmaxes, and LPG tankers'; and ' Wilbur Ross, who has dabbled as a “consolidator” in the LPG sector, is ultimately a very savvy bottom feeder buyer with deep pockets to ride out the false troughs of highly cyclical industries,' and 'AUGUST 29, 2013 — Wilbur Ross's WL Ross & Co. and other private equity investors have provided more than $100 million in capital to launch a Bermuda-based dry bulk shipping company, Nautical Bulk Holdings Limited'.
Appreciate the 'lead'. You WB guys might be right! Sharpei
Given the consolidation pattern for most of the afternoon I would expect another leg up tomorrow. I don't see that the news today has yet produced the kind of response one might expect...especially on the heels of the debt reductions of recent weeks. We now have multiple debt reduction events which could produce a cumulative effect; and we don't even know what management has been doing with this windfall behind the scenes. I could be overstating the situation also, so please take this with a grain (or several) of salt. Sharpei
Clearly astute money managers (private and institutional) are willing to put money into FREE (possibly a pattern of behavior);. How could this be anything but a very positive sign? S.
but we have an 'elongated' symmetrical triangle and continued consolidation which is beginning to look like a precursor for a huge spike. It is reminiscent of yesterday's consolidation at .37. Tension building. Sharpei
Omne: When you return would like a discussion re: TA. Wouldn't miss one of your posts! Good luck to you also. Sharpei
The drop is due to the 'spike'...nothing more, nothing less. It's what happens after a parabolic move. Sharpei
Since this is a common practice for small caps and this company has taken this step in the past, I would expect that yes, there will be dilutions in the future. That does not affect my decision to be long this stock. Sharpei