At first, they will laugh at you.

Later, they will ask how you did it.

Ad hoc Committee Meeting
February 28, 2018

Agenda: Planning for an official takeover of Southridge Enterprises for the purpose of increasing the long-term value of the company and the stock's price per share.

https://www.facebook.com/events/850029841845157/?ti=cl

https://www.facebook.com/groups/229964467544209/permalink/229964474210875/

New SRGE Stockholders Group on Facebook.

Planning ad hoc committee formation.

Just bought more today. Looks like the Capesize Index has probably reversed its trend back to the bullish side again. With these spot prices, the next Earnings Report should be astonishingly good. I'll be surprised if price per share doesn't race up through $2.00. Maybe much, much more. jmho

...and Happy New Year!

I'm back in $1.01.

https://finviz.com/quote.ashx?t=Spex

I think this should be running wild with this sales report. Bought in this morning.

20% Beat on Revenues!

Next quarter revenues already set up for even better with lucrative contracts entered!

SBLK -Very nice looking ER out this morning!
Shippers are raking it in again!

Today should be SPEXtacular!

Earnings Report out WITH ACTUAL EARNINGS!






imho dyodd

MINERA SAN JORGE, S.A. DE C. V
Camarena 179-19 Col. Centro
.P. 45501, Tlaquepaque, Jalisco
TeVFax: (33) 3639-1675

http://www.secinfo.com/dsV36.27e.9.htm#1stPage

What is/was CR*GP?

Capesize Spot has risen over $2k in JUST the last 3 days!

I estimate that to = $1.5 million increased quarterly revenues with no increase of costs.

What do you think of Ernst and Young coming into play? Does that lend credibility needed by whales?

I'm still bullish long-term, but based on the recent decreases in the BCI and on my technical interpretation of the charts, I'm taking profits and looking for a short-term pullback where I intend to re-enter at a lower price. I could be completely wrong, but for me, I think it is the right move. So I'm out and I've put in a Buy Order @ $1.03.
That would be about a 50% retracement on the recent move up.

I put screenshots of that beautiful Golden Cross chart on Stock Twits $SHIP.

The Golden Cross was fully confirmed today.

The BCI is phenomenal! +199 to 3,147!
Spot up like crazy! +1,067 to 22,392!
Even the Supramax is up again.
For over a week, these numbers (which show how this company is compensated, by their clients, for the services they provide) are just going through the roof!

The Golden Cross Countdown is down to just 1 penny!

The Price Per Share is far lower than it should be, imho, so I'll be buying more on the next trading day. I think SHIP, at these prices, is a steal! I'll be surprised if we don't see a 50% increase over the next 100 days.

$SHIP Golden Cross Countdown:
Difference between 200 SMA and 50 SMA
1 March.............$1.23
3 April...............$1.20
1 May.................$1.08
1 June...............$0.96
3 July................$0.70
1 August...........$0.47
31 August.........$0.22
1 September.....$0.19
5 September.....$0.15
6 September.....$0.14
7 September.....$0.13
8 September.....$0.12
11 September.....$0.11
12 September.....$0.10
13 September.....$0.09
14 September.....$0.09
18 September.....$0.07
19 September.....$0.05
20 September.....$0.03

This thing is gaining tsunami strength. Highly exposed to BCI, due to 9 of 11 vessels are Capesize. There either 2 are Supermax, which is also on a strong run, feeding off of the BSI.

Today's BCI +138 to 2,861 !!!
Today's BSI +16 to 1,033 !!!

Price Per Phare always follows Earnings.

For $SHIP, BCI (especially) and BSI are the mother's milk of Earnings.

Whales will not be able to ignore this. They will move in on this buyout bait. Since it's family owned/run, it would not be a cheap buyout. Shareholders would be very nicely rewarded if that happened. $SHIP has a great thing going!

Yes, the Golden Cross Countdown, for $SHIP, has been in single digits; and in The Capesize Index (9 of Seanergy Maritime Shipping's 11 ships are Capesize Ships), the Golden Cross already happened last week!

They can have my $SHIP shares before the next Earnings Report,...when they pry them out of my cold, dead,...still wiggling,...fingers! :)

I think that was just the ones who were intending to get out at the end of the next Earnings Report Day, no matter what. Now that they have exited their positions, most still holding long are strongly so. We should see a consistent, deliberate, steady rise in stock price for the next quarter, with a run at the end due to everyone KNOWING that the next Earnings Report is going to be incredibly awesome.

This is a no-brainer. The Market Cap is tiny, they've prepared for success, the market has finally moved in their favor, and they've just gone cash flow positive. I'm definitely staying in.

I also think this company would be very attractive to someone who wants to do a buyout, which could mean instant massive gains for longs.

-imo

Afterhours trading is easily manipulated by desperate shorters who are trying to "paint" a seemingly low value right before they know that a huge gain is inevitable. I actually see this afterhours action as very encouraging. If they really believed that the earnings report would drive the share price lower, they would be painting the price higher during afterhours trading so that they could load up on over-priced shorts just before the share price made a drastic move down.

I think they know the price is about to skyrocket, so they're trying to get it to open as low as possible so they can cut their losses as much as possible. Once they start dumping off those shorts, we will see astounding movement up that will show up on lists of Top Gainers, which will be seen by thousands of traders who do not currently know about SHIP.

IMHO, we longs are in for an awesome ride!

These are not the days for making money by shorting $SHIP.

The shorters are usually pretty clever. I doubt they will keep hanging around the shipping sector while this increased demand for shipping services continues. They like to make money, not lose money.

These are not the days for making money by shorting $SHIP.

The shorters are usually pretty clever. I doubt they will keep hanging around the shipping sector while this increased demand for shipping services continues. They like to make money, not lose money.

Sometimes, I've see people post that copper and iron ore are low-priced, so they think that it's time for shipping stocks to go low. I'm thinking the exact opposite is true. I guess they confuse low commodity prices with low shipping cost. I think that low commodity prices cause increasing demand on the service that shippers provide, which drives the cost of shipping higher.

My PT had been $1.87 and that was when BDI was just over 1,100. If it hits 1,400, I'll have to seriously consider whether I think pps can break through the resistance at $2.00 without taking forever to do so, because it could easily go on a run after doing so, imho.

Hypothetical situation question:

If BDI returned to 2008 high of 11,700+ (currently only 1,300+), what would PT be then? Personally, I put it @ over $19/share.

Every day that the BDI does not go down, I will not sell any of my shares, no matter how high the pps is. If BDI were to continue rising to that level and I hit a PT of $19+/share, wow! Just, wow! That would probably be the best trade off my entire life. :+D

Attn. Golden Cross fans:
There is a Golden Cross happening w/ $STXS today. :)

Looks like the big buyers have showed their hand today. I think they know this $SHIP is about to heave off from Hold-back Harbor.

7 September.....$0.13

$SHIP Golden Cross Countdown: 
Difference between 200 SMA and 50 SMA 
1 March.............$1.23 
3 April...............$1.20 
1 May.................$1.08 
1 June...............$0.96 
3 July................$0.70 
1 August...........$0.47 
31 August.........$0.22
1 September.....$0.19
5 September.....$0.15
6 September.....$0.14

COMPLIANCE ACHIEVED!!

:+)

I completely agree with you. One or two whales could easily blow this up in the face of the shorties and put SHIP on the Top Gainers List. No telling how high that could send the share price.

Still looking awesome. Even better than before.

It's $1.10 again.

My guess is that it will hit $1.17 again by next Wednesday. Long-term heading to $2.00. I'm not selling anything until, at least, $1.87.

The support is very strong, so far. If this holds up for another hour, I think it stays well above $1.00 for the 10th consecutive closing price!

NASDAQ will probably issue their formal letter of compliance next Tuesday and the company will probably put out a press release about it either Tuesday or Wednesday! Then, it should grab a lot of confidence from old eyes and attention from new eyes.

One more hour to see if any sellers will come back from lunch and dump off shares for long holiday weekend party-money. Most likely, those folks already took off for the rest of the day to get their long holiday weekend started early. I'm feeling very good about this! Looks like our $HIP is about to come in!!!!!

Jmho

Golden Cross Countdown:
Difference between 200 SMA and 50 SMA

Morning of 1 September...$0.19!

:+)

Looking good. One more day of closing above $1.00 to get back in compliance with NASDAQ.

I think that holiday long weekends are usually bad for support, but I also think the problems usually start on Thursday afternoons; that was NOT the case here! Instead, like you guys said, the longs were pounding away to take out that resistance at $1.10. Fun to watch. I really think that it's going to go challenge $2.00 long-term.

Golden Cross Countdown:
Difference between 200 SMA and 50 SMA
1 March....$1.23
3 April....$1.20
1 May......$1.08
1 June.....$0.96
3 July.....$0.70
1 August...$0.47
31 August...$0.22

The 5 SMA crossed over today.