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doubleeagle

doubleeagle
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  • Strong Earnings And Low Valuation To Catalyze Horizon Pharma [View article]
    Don't they have 118 million shares outstanding after the Vidara acquisition? AND wouldn't 11.66 mm shares being sold by existing shareholders be cause for concern?
    Nov 13, 2014. 09:25 PM | 1 Like Like |Link to Comment
  • Genco Will Dock Into A Restructuring Leaving Shareholders With Close To $0 [View article]
    No need to answer a rhetorical question. Investment banks pay 10c for companies that are going bankrupt, not 90c!!! Just pointing it out for when Genco will be 200% higher after the waivers/amendments are signed.
    Dec 20, 2013. 04:39 PM | 6 Likes Like |Link to Comment
  • Genco Will Dock Into A Restructuring Leaving Shareholders With Close To $0 [View article]
    How on earth would Capesize vessels go for $29.75mm when rates are at $35,886? You are valuing the 9 capesize vessels at $267.1mm!!!! They could fetch double that at current rates! After the first of the year, if rates are above $35,000...we will see vessel sales above $50mm easily.
    Dec 20, 2013. 04:21 PM | 3 Likes Like |Link to Comment
  • Genco Will Dock Into A Restructuring Leaving Shareholders With Close To $0 [View article]
    Why would centerbridge and another party pay 80/90c if this had the possibility of going bankrupt? The Vessel values you are stating are way below what the current rates would produce. If the waiver are put into effect, this stock will trade immediately at $4+. The time to short this stock was in 2008 or 2009, not when it is priced at current levels.

    Using common sense the Current Values are -
    ~$109 million of cash, an investment in Jinhui Shipping worth ~$55 million, and 6.2mm shares or ~$35 million in its SUBSIDIARY Baltic Shipping. The Key is as of september 30, 2013, the noncontrolling interest held an 86.03% economic interest in Baltic Trading while only holding 29.10% of the voting power.

    Current Rates are as follow -

    BCI(Capesize)-$35,808 BPI(Panamax)-$15,017 BSI(Supramax)-$15,671

    Current daily results would bring a fleet average Revenue run rate to around $19,000 per day. With a Daily operating cost average of $4,800. Now with 5,754.1 ownership days, the current quarterly and annual revenue run rate is $109,327,900 and $437,311,600 respectively. Based on conservative estimates, that brings EBITDA to ~$70,000,000 quarterly and an annual EBITDA of ~$280,000,000.

    There is probably 200-300% possible upside, while you are putting a insanely poor risk/reward short on the table.
    Dec 20, 2013. 04:07 PM | 11 Likes Like |Link to Comment
  • YRC Worldwide Confirms Progress on Restructuring Efforts [View article]
    Estimate Market capitalization? No matter if they dilute 3x...the price is still depressed. Once restructuring finished this will have a in my opinion a >1 bil valuation.
    Apr 23, 2011. 05:05 PM | Likes Like |Link to Comment
  • Strategic Hotels & Resorts Doubles Market Cap, Prepares for Debt Maturities [View article]
    Bob,

    Great to hear your comments! From my perspective on a technical and psychological level, there has been no news on this stocks since it last reported. Once some good news comes out which I believe can come from a sale of a property(Fairmont Chicago), this stock could be looking to make its way back to the 4-6 dollar range. Inflation and weak dollar only making a more enticing investment from this standpoint.
    Sep 25, 2009. 02:38 PM | Likes Like |Link to Comment
  • Strategic Hotels & Resorts: Only for Long Term Investors [View article]
    BEE actually gives investors the most promise right now in the short term. If they divest a property or two, then this stock will be instantly trading above two dollars. This stock has a lot of catalyst coming that could give this stock a pop of 50% plus. I have owned this stock from .84 to 1.17. I have followed it closely and if there are able to sell the Chicago Fairmont then it will put this company in great position going forward. Have to remember that this company has great assets. So selling more common stock is highly unlikely.
    Aug 27, 2009. 01:09 PM | 1 Like Like |Link to Comment
  • Strategic Hotels & Resorts Inc. Q2 2009 Earnings Call Transcript [View article]
    Once this company sells a property it will be a 2 plus dollar stock
    Aug 11, 2009. 03:44 PM | Likes Like |Link to Comment
  • Strategic Hotels & Resorts: A Five Star Hotel REIT on the Cheap [View article]
    BOB,

    What are you updated thoughts on BEE?
    Jul 23, 2009. 11:02 AM | Likes Like |Link to Comment
  • Did I Mention, the Top Is In? [View article]
    Since July 18th, in the article As Solid as they come I have been short X. I think with world demand slowing that there will be a major contraction in valuation. Steel companies will be forced to lower prices even more. I would look for the 105 level as a target.
    Sep 4, 2008. 12:38 PM | Likes Like |Link to Comment
  • US Steel: Solid as They Come [View article]
    US Steel should have a $100 price target on it. World demand is slowing. With its recent run up this year, I think this presents a short opportunity down to the low 100 hundred levels.
    Jul 18, 2008. 02:07 PM | Likes Like |Link to Comment
  • Raw Data Report: Apparel [View article]
    True Religion is the real deal. With such a high level of short interest...this stock will only be supported by the good fundementals and valuation combined with a unwinding of short positions.
    Jul 18, 2008. 02:00 PM | Likes Like |Link to Comment
COMMENTS STATS
12 Comments
22 Likes