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S&P 500
5,304.72
(
0.70%
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US TECH 100
18,318.00
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0.95%
)
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0.01%
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ValuHunter

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ValuHunter

Re: None

Wednesday, 02/07/2018 11:05:53 AM

Wednesday, February 07, 2018 11:05:53 AM

Post# of 58072
Stock is trading below it's liquidation value for it's ships and accounting book value relative to current prices. The market recognizes this and is trading up 25% of yesterday's closing price after a smart decision by GE and management to pay a dividend, and buy for shareholders and themselves increasing their value in the business. With expected Q4 gross profits exceeding $40 million, reporting this month, BDI still above 1000, I agree, this stock should NOT be sold for less than $8 by current holders.
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