TBSI--Insider buy just came through. Insider purchased 20,000 shares at $8.20. This is low float company, good volume, has traded as high as $11.90. Company is profitable, and has had a lot of good news in the press recently. Just purchased some! Currently trading at $8.20.
All insider buy information is provided by www.scumfish.com
Losing
TBS International plc, formerly TBS International Limited, is an ocean transportation services company that offers worldwide shipping solutions to a diverse client base of industrial shippers. The Company offers liner, parcel and bulk services supported by a fleet of multipurpose tweendeckers and handysize and handymax bulk carriers. The Company has developed its business around trade routes between Latin America and Japan, South Korea and China, as well as ports in North America, Africa, the Caribbean, and the Middle East. The Company offers a fully integrated shipping solution to its customers, which it refers to as its Five Star Service. As part of its Five Star Service, it offers total project coordination, door-to-door supply chain management. As of December 31, 2009, the Company's controlled fleet totaled 48 vessels, including 46 ships that it owns and two that it charter-in with an option to purchase.
