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Burnt before

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Burnt before

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Thursday, 02/02/2017 9:49:20 AM

Thursday, February 02, 2017 9:49:20 AM

Post# of 58072
The earning report will IMO not be anything to write home about unless they have secretly been hiring their ships at above market rates they will not be in profit. Sure it will update the cash position after this share sale and give the chance to harp on about the gas carrier deal again, but they are not profitable at the moment have not been for some time.

Looks like the shorts fallacy is being proven, this was a momo play and its running out of steam.Market has this priced about right it belongs in this $3-6 range and unless GE has another Rabbit to pull there it stays.

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