Let me be clear to all the folks out there playing the FRO, looking to exit on a quick “black power” move to the upside. I couldn’t care less if the stock closed at $3 or $2 today. “The Fly” is in the name for the big turn, which will take a long time. By my accounting (unaudited of course), the company can withstand market conditions, without going back to the market for financing, until 2015. With that in mind, there is ample room for speculators to place bets on the shares turning around from now until then.
If they’re successful in purchasing new fuel efficient ships and day rates pick up, the stock is heading for $10+. Therefore, a person, such as myself, doesn’t amuse himself with the frivolities of a one day spike, burgeoned on by nameless speculators– who are only interested in quick–whore like–profits, promulgated by their proclivity for illegal substances and extra-marital affairs!
“No thank you,” said the gentleman in the top hat, as he declined the services of a great whore, closing the backseat door of his limousine, destined for the theatre.
No reason the whore can’t already be in the limo. “Discretion …” as the saying goes…
Indeud
A comment on EXM Fly?
zero
too many divergences with todays tape, not to mention the data. I’d be nervous right here…. if I had nerves.
Fly – You once said higher quality diamonds are a store of value, so it is reasonable to park large sums on money in the right jewelry for the lady.
Do you think a 2013 Tesla Model S will also become a store of value?
The next FTK?
I hope so
Once new ships arrive burdened down with 30million in fine china white should be smooth sailing
Check stem
bought some RLOG
just for the helluvait
Great Lakes shipping is moving, see it daily…don’t care what the experts are saying
Fly take a look at IVPAF for copper play before it runs too much, sell off was brutal but you can see update from yesterday.
PLM for the short squeeze!
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Just testing…