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john302

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john302

Re: ezs123 post# 4450

Wednesday, 07/16/2008 2:51:54 PM

Wednesday, July 16, 2008 2:51:54 PM

Post# of 5096
I'd wait taking a major position until they announce what kind of financing they are going to go for. That will make or break this stock, IMO. If things are as bad in Vietnam as the news reports say, then Cavico might not have that much leverage in negotiating, and be forced to take a more highly dilutive deal than they would have gotten in better times.

An investor's mind: http://www.retro.ms11.net/InvestorMind.gif

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