Why bother giving you a market summary?
I’m long 1.2 million shares of FRO into the bell. Let’s see how I fair tomorrow.
I was +3% for the day
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Joined Nov 10, 2007
23,443 Blog Posts
diced pineapples, bro.
Bought some with you today. You plain fucking rock, Fly!
I know.
COCO and FRO…my flight to quality high flyers…hey why not
very nice Senor Tropicana.
hey Fly, since you like playing the housing recovery, have you heard any buzz over
Ply Gem Holdings – expected go public on the NYSE Thursday under the ticker PGEM? Haven’t researched it yet and I know nothing about it at this point – I generally wait til the day before – but noticed it has just recently been upgraded a notch on most of the IPO sites – may just be a macro market demand thing after the DATA and MKTO madness last week,as ECOM scheduled for Thursday, has also been upgraded. Have only read the public release at this point:
PGEM is a leading manufacturer of exterior building products in the U.S. and Canada, plans to raise $300 million by offering 15.8 million shares at a price range of $18.00 to $20.00. At the midpoint of the proposed range, Ply Gem Holdings would command a market value of $1.3 billion. Ply Gem Holdings, which was founded in 2004, booked $1.1 billion in sales over the last 12 months. The Cary, N.C.-based company plans to list on the NYSE under the symbol PGEM. JPMorgan, Credit Suisse, Goldman Sachs and UBS Investment Bank are the joint bookrunners on the deal.
Fly is the Boss.
“fare”
Why FRO instead of DRYS? I would think that the sadly underperforming Hedge Funds are going to try and get into the larger more liquid shippers. What am I missing?
because FRO delivers oil and LNG