News Focus
News Focus
icon url

timhyma

08/13/09 7:18 AM

#43052 RE: timhyma #43049

Number crunching SBLK, and revising my value model based on the inexpected loss- I'm seeing a low ball eps of 25 cents going forward. P/E average for the industry is around 6x, so the stock is worth about $1.50ish. But tangable book is still pretty high at $7ish, so will hold my position and see if they announce something good to show improved earnings over the next couple quarter. The 52-week low was $1.19, so that may be the add area
icon url

rayrohn

08/13/09 8:58 AM

#43055 RE: timhyma #43049

Just below 3 bucks but there is that brake away gap down around 2 bucks