I am always looking for 'THE' new STAR to come and i am not afraid of volatility. I always try to be right more often than wrong to generate interesting profit. Be ready for great rewards but large price movements.
jeudi 13 mai 2010
ALERT OCNF
After reviewing Q1 results, these were good and they finally made a profit.
Not the biggest surprise but it looks like the worst is over.
Expect a good leg up in the 0,80 by the end of this month.
OCNF is really hit by Asia and global worldwide transport. They rent their vessels in advance based if you on the daily price. So it will take some time to get back to where it was but when good news hit the news wire it will get back to 1-2$. My guess is before end of Q3 we should see a great improvement. As for stock split i would be very surprised as the only company in freight that i am aware of doing a RS is YRCW.
Can you please elaborate on OCNF?
RépondreEffacerIt's now down to 50 cents (about) and a reverse split is rumored...
Any input on the matter and where you see OCNF (and the whole shipping industry) in a few months/a few years?
Thanks :-)
OCNF is really hit by Asia and global worldwide transport. They rent their vessels in advance based if you on the daily price. So it will take some time to get back to where it was but when good news hit the news wire it will get back to 1-2$. My guess is before end of Q3 we should see a great improvement. As for stock split i would be very surprised as the only company in freight that i am aware of doing a RS is YRCW.
RépondreEffacer