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Trueheart

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Trueheart

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Re: z4lover post# 3223

Wednesday, 10/14/2009 6:11:29 PM

Wednesday, October 14, 2009 6:11:29 PM

Post# of 58072
Z4, I like your optimism regarding the long term.

However, your reasoning that a 15% increase in ships(overabundance) would produce a 15% decrease from your target price may not play out. After all, owners want to keep their ships in play and they may supply ships at sharply reduced rates to keep them on the seas.

Companies that use ships will work and play the shipping companies against one-another to their benefit.

I am in NM and OCNF.

Trueheart



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