I like the chances here too, but I don't think the pumping is needed here. When it goes it's gonna go big, until then I wait. It's a 50/50 bet for me nothing more nothing less. Day traders can pump and bash all they want, I wait for either a very large payout or a complete loss. Every so often a stock comes around like this.....
When one compares Box Ships to other stocks in the .02 - .10 range its easy to see the value here. IMHO way undervalued.
Typical penny stocks at this price:
Have 500 million to 2 billion O/S No Revenues No Assets No Contracts Un-audited financials that's if they are current Most Pink Sheets Vapor in the air is all they have with lots of potential. NOT
BOX SHIPS
7 Ships (asset value) 3 ships contracted generating revenues Under 100 million O/S Audited financials QB Stock Not even a year removed from the NYSE Organization of a big board stock still exists Shipping Cyclical on its way up from the bottom Huge return potential here Shipping stocks left standing will be in the proverbial sweet spot for growth!!!
1.40 two years ago .64 cents one year ago. Correction UP potential.
Several large shippers are going out of business. Many reducing their fleet size. The smaller more lean shippers will survive. The cyclical effects of supply and demand will pave the way for a lucrative recovery.
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