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eddy2

04/23/14 1:23 PM

#280 RE: sts66 #279

You won't find it on line but at a library or through information provided by a mutual fund institution or broker if they are good but reading sec rules online you won,t find a thing about it.


revenue is revenue as well as equity is the amount of capital share holders have invested. You can't have negative earnings you can have a negative cash flow.


You have to break down the capital surplus into its components that make up the capital surplus goodwill, cash, and then there is the debt, common stock, retained earnings and other equity plus your retained earnings that is the reflection of the amount of goodwill that the intrinsic value represents.


The question is time and debt once the shares are converted and of course dilution should you try to get greedy but because it is debt there is interest that will be kept as well in the capital surplus that can be figured out on the amount of unsecured debt owed.


Is this a good company well she is no Coke and personally one would be better putting it a term deposit but we are not here for that but to give hope that things will be better as when there are less ships and more demand but the bottom is now is that a lot of countries that were never in shipping are now in it running old ships that should be diving reefs but they are keeping prices low.

Yoda0629

04/23/14 3:04 PM

#281 RE: sts66 #279

Every stock is different but on avg 6-12 months. Prepackaged like this one might be quicker. AAMRQ lasted several years. They will let us know when the symbol is going to change but it isnt going to be anytime soon. My guess this moves up from here if you are in. But I wouldnt quote me on that. I am only saying that because of OSGIQ ( formerly OSG )

Good Luck !

Fwiw I dont know any as of right now but I will be trading it most likely