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Replies to #1 on Matson Inc (MATX)

Nitroxx

06/26/23 11:27 AM

#2 RE: Nitroxx #1

MATX Again latest container quotes to the West Coast from Shanghai are less than $2000, and as low as $1000 for a 40ft. How is this stock going up? I would guess their earnings will be less than $1 per share next qt. How does a stock with earnings of $28 per share go to $4 per share and not return back to its former range in the $30s?
Bearish
Bearish