Box Ships Inc (TEUFF)

[Blizzld]

Other than that quick flash of 1.5 million shares for sale during the day , the trades all look legit. Have you guys seen any evidence of the toxic selling in the last few days? I have not unless they are letting it drift up or the company made a deal on the note.

Industry fundamentals look strong. Id hate to give all those diluted shares away now when this can really run.

Old market cap 270 million or so. We know there are 90 million plus shares, probably going to wind up with 150 million but if surprised and capped at 120 million or so taking 25% of the old market cap or 67 million over 120 million shares you still come up 40-50 cents.

Even if you figure 200 million shares still 30 cents.

And that is using a conservative estimate of a rebound to just 25% of its old market cap.