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Adam Smith

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  • StealthGas: Hungry For A Buyback [View article]
    yes we can read thanks
    Mar 15 09:52 PM | 0 Likes Like |Link to Comment
  • StealthGas: Hungry For A Buyback [View article]
    Of course you agree with them - the stock's going up, charter rates are still high...it's pretty easy to agree when times are good.
    Mar 14 10:51 AM | 1 Like Like |Link to Comment
  • StealthGas: Hungry For A Buyback [View article]
    Management's behavior does not surprise me. In fact based on my previous article on Stealthgas, this is EXACTLY what I expected them to do. Like most Greek shippers, they swim with the tide. I should add that by no means do I regret selling my shares of GASS.
    Nov 10 01:49 PM | 0 Likes Like |Link to Comment
  • StealthGas: Abandoning Shareholder Interests? [View article]
    Thanks for the comment. They are acquiring newbuild ships and (unless I'm mistaken) plan to continue to do so. How does this qualify as "preserving capital"?
    Jul 9 09:13 AM | 0 Likes Like |Link to Comment
  • StealthGas: Abandoning Shareholder Interests? [View article]
    Thanks for the comment. Maximizing revenues is certainly important, but the debate is whether that goal outweighs all other goals.
    Jun 27 03:54 PM | 0 Likes Like |Link to Comment
  • StealthGas: Abandoning Shareholder Interests? [View article]
    Thanks for the comment. To play devil's advocate, if it makes no sense to pay dividends during a downturn, does it make sense to lever up during a downturn?
    Jun 27 03:52 PM | 0 Likes Like |Link to Comment
  • StealthGas: Abandoning Shareholder Interests? [View article]
    Thanks for the comment. Interesting - curious - what was the stated rationale behind the statement that "shareholders interested in dividends are not desirable business partners"?
    Jun 27 03:51 PM | 0 Likes Like |Link to Comment
More on GASS by Adam Smith
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76 Comments
24 Likes