Box Ships Inc (TEUFF)

[Maineway]

Here is some food for thought. If you look at the 6 month chart for TEUFF it shows a non-stop up trend for almost 6 months. From late July to present. Draw a line from the lowest price in late July then hit the first support level and then the next one to the end. A slow and steady up trend.

The buyers out number the sellers by far in 2016 and that is creating stability. Once TEUFF starts doing business and orders come in I see a big recovery. This will not be a standard one but a reborn one under a new way of thinking. I consider the true intrinsic value of TEUFF to be around $5.00 per share.

It can go higher but that is the true zone. When a company first recovers it will almost always reclaim it's true value, then bounce around and finally settling near it's true value. After that who knows. I watched this happen with Rite-Aid several years ago. It went from $1.00 to about $9.00 in one year. Since then shares have been somewhat stable between $6 and $8 per share. As long as the people running TEUFF really want to stick to fundamentals recovery will be this year. I only hope the penny stock gamblers, pump & dumpers and other similar people stay away. Lets ride this thing up slow and steady.