InvestorsHub Logo
Followers 404
Posts 9251
Boards Moderated 2
Alias Born 01/30/2006

Re: None

Friday, 12/15/2017 8:43:03 AM

Friday, December 15, 2017 8:43:03 AM

Post# of 10282
DD for BSTN-why it can make 50x-500x from here @ 0.016-Could reach $3 fast

This has the potential to run like RCG*R (from 0.05 to $1.05 in one day 12/14/17)

Market Cap Now: $50,000 @ $0.016 pps

1) OS=3.06 million as reported but likely more
2) Real Revenue over $4 million already
3) Real Profit
4) The ship alone is worth $7-$15 M now
5) Huge shortage and demand for bulk carriers now. Shippers will do very well in genral.
6) In the process of acquiring more ships-Confirmed by Company- News Imminent
7) Most Undervalued shipper
8) Check out the chart for TOPS and u will see how it spiked to $3+ in 3 days. Same can happen here with volume

OS Status

1) The last reported OS is 3.06 million
2) There have been numerous SC 13G and Form 4 filings recently
3) However, it is likely that the OS is more and you have to make a guess what it is
4) Looking at the trading volume and price movement my guess is the OS is less than 15 million
5) http://www.otcmarkets.com/stock/BSTN/filings
6) Read post # 3454 about OS and SEC response. Link Below
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136259828
7) Even if the OS is 15 million @1 pps the market cap will be $15 million. It can run like RCGR if everyone suddenly decides to hold onto it for few days.

You can write to the company and ask them to update the OS at OTC

Email Address:

Company CEO Email: abertsos@bostoncarriers.com
Company General Email: info@bostoncarriers.com


Value of the Ship

NIKIFOROS - Bulk Carrier
DWT:45693 Tons

Use Price of a ship like this is around $20 million. If you have the patience to read it is all here

http://unctad.org/en/Docs/rmt2011_en.pdf

For general cost of ship like this read here

https://en.wikipedia.org/wiki/Bulk_carrier#cite_note-22

-----------------------------------------------
New Ship Cost Below
-----------------------------------------------
Name >> Size in DWT >> New price

Handysize >> 10,000 to 35,000 >> $25M+
Handymax >> 35,000 to 59,000 >> $30M+
Panamax >> 60,000 to 80,000 >> $35M+
Capesize >> 80,000 and over >> $58M+
-----------------------------------------------

News Items

There are many News items and price targets. Do a Google search for more

Nov 29, 2017 : Record revenue already $3.7M

https://www.prnewswire.com/news-releases/boston-carriers-inc-announces-today-completion-of-a-spot-voyage-contract-of-the-mv-nikiforos-nikiforos-660789053.html

http://www.otcmarkets.com/stock/BSTN/news

Nov 21, 2017 : Price estimate of $8.00
https://medium.com/@mikeymellow/boston-carriers-bstn-the-severely-undervalued-shipper-that-could-4b999a4b1a58

Nov 17, 2017 - Price prediction $0.45-$0.65.
https://ih.advfn.com/p.php?pid=nmona&article=76122065

Nov 17,2017- From Maritime Logistics
https://www.maritimeprofessional.com/news/boston-carriers-completes-contract-nikiforos-311352


BSTN CHART

Look at the chart below. It was trading at $0.50 on May 24, 2017 and had 100 total shares traded (that is 500,000 pre-split).

Then the next day on May 25, 2017, total volume was 1100 shares (5.5 million) and it came down to $0.03. That was due to the RS.

All the numbers are RS adjusted.

The moral is it has come down from $1.00 to 0.002 with very little volume.
Now people are taking notice and it will go back in a hurry to the right valuation.

https://www.barchart.com/stocks/quotes/BSTN/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=BBANDS(20,2);SMA(20);SMA(50);SMA(200);ACCUM;CHKMF(20);CCI(20,100);SMACD(12,26,9);RSI(12,100);STOSL(14,3);PVT;SMA(34);SMA(8)&sym=BSTN&grid=1&height=500&studyheight=100

SHIP LOCATION

The ship is very busy making money every day and you can check the position and the next destination at the below links

http://www.marinetraffic.com/en/ais/details/ships/shipid:301103/mmsi:636017011/vessel:NIKIFOROS

http://www.marinetraffic.com/en/ais/index/itineraries/all/shipid:301103/mmsi:636017011/shipname:NIKIFOROS

https://www.vesselfinder.com/vessels/NIKIFOROS-IMO-9108116-MMSI-636017011

https://www.vesselfinder.com/?imo=9108116

Why is the pps so low then

The problem is there are no investors in OTC land. Everyone wants to get in and get out with some profit.
That's why u see stocks run hard in OTC land and then fall and languish until the next news.

So even good companies suffer here. On Dec 13, 2017 it went to $0.0266 with little buying interest.
Once that stopped then the bid/ask kept widening. It took very few shares to bring it down to $0.012.
It was like one guy sold 50,000 shares at 15 and then the next sold another 5K at 12...like that.

As the pps goes higher it will get to better hands. Once the volume picks up this will get lot smoother ride upwards.
If and when it start getting attention and volume of 10M+ shares consistently then it will move very fast. That is just my guess.


Disclosure: This is AIMHO not trying to pump and I have been wrong more often than right in OTC land. I am not regular on OTC

Fools argue to win, so stay away from them and still say Thank you.
Smart people argue to seek the truth and say "Thank You" when they find that they are wrong.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.