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Ecomike

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Ecomike

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Re: investorwisdom post# 587

Saturday, 08/20/2011 4:15:24 PM

Saturday, August 20, 2011 4:15:24 PM

Post# of 2134
Looking at the BDI has me thinking it may be time to buy here. But I have not kept up. Looks like the last 10-Q has book value at 1.6 billion dollars and less than 90 million shares, for a book value per share of nearly $20/share?

Is that right? Am I missing the land mine (other than recent losses on the quarter), And selling for less than $2/share!

If the markets rally, this could be good for a real nice bounce short term.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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