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happykat

07/07/16 6:45 PM

#4596 RE: X1000 #4593

Sorry, X1000, I was using 50/50 loosely as in succeed/fail, yes/no, pass/fail. In other words, there are two possible outcomes. I bought shares of TEUFF because I believe there's a turnaround story here, based on some of the facts you mentioned, as well as the fact that I just don't believe any bank would defer loan repayments for a year for a company that is destined to bk, especially in a tough sector. Why should they risk further losses by the company which would only reduce their chance of being repaid? Everyone has an opinion, but I'm going with the banks on this one!

redsky7

07/07/16 7:02 PM

#4597 RE: X1000 #4593

You said, "why don't they just raise

the price!" TEUFF can't raise the price
b/c of the competition who most likely
has cash flow of millions, and would love
to run the small shipping firms out of
business. Its tough out here. Making
money is the hardest thing you will ever
do in life! It was fun being a teenager
without this burden, and free meals 3 times
a day. Not so fun now.

Go TEUFF-