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THREE-DAY-TRADER

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THREE-DAY-TRADER

Re: livinginstyle post# 7759

Friday, 11/07/2014 3:38:13 PM

Friday, November 07, 2014 3:38:13 PM

Post# of 17242
FREE is very early in its non-compliance issues on NASDAQ (so rev split risk not a worry in this trade equation for a year if they're still under 1.00), and they're fixing their balance sheet. Considering that shippers are overall looking good here with the Baltic Index stabilizing and possibly rising, & while the price FREE sits at has priced in Bankruptcy, it actually is not crazy to anticipate a decent chance at 1.00+.
I'm not presuming 1.00+, but it is possible more than most would realize. I've seen many situations like this prove to be multi-baggers later on.
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