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nelson1234

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nelson1234

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Re: CPTMatt post# 39230

Friday, 09/22/2017 11:28:53 AM

Friday, September 22, 2017 11:28:53 AM

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SBLK, CPTMatt, re "curious action in SBLK. Last time the BDI was this high SBLK was around $50"

Flip side to that is, the last time the BDI was this high, SBLK had less than one-fifth the number of shares outstanding then they have now. The Market Cap is actually higher right now, then the last time SBLK hit $50/share.

SBLK shares outstanding:

June 30, 2017: 63.3 million
year end 2016: 47.6 million
year end 2015: 39.1 million
year end 2014: 11.7 million
year end 2013: 2.8 million

Amazing Grace:

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