Replies to post #367 on Sea Containers Ltd (fka SCRA)

[greggor62]

Like any stocks, there are 2 main factors that move it up and down. Technical players, and fundamentel players.
With the lack of solid info, besides them winning arbitration
The tug of war will continue. No one knows if we are going up or down here.
Longs are hoping up. Shorts are hoping down.
If your in, you should decide how much you are willing to let it fall before bailing, or let it clinb before taking profits.
This could be a very big play. No doubt.
But how many times have we all heard that. Vs. it actually comming to fruition.
Few do. Most don't
Thats my opinion on stocks in general.
You gotta have money to be long. And be willing to wait.
I'm trying to take a sip and move on.
SCRA is on the top of my watch list. I'n not gonna get in at the bottom. And I won't be out at the top.
But I'll make a profit here if I buy. The size of my portfolio does not allow me to take big risks anymore.
Already got my clock cleaned being risky.LOL

[HokieHead]

"The 2.8 Million shares issued to the Asset Management Company is that a positive or are they freely tradeable and allowed to dump before the sh*t hits the fan?"

The shares were not issued to Marathon, they bought them on the open market knowing the stock is a turnaround play. read some past posts for some good DD.