ByTheNumbers (95.62)

ByTheNumbers's CAPS Blog

TRBR doesn't meet min cap

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February 20, 2010 – Comments (5) | RELATED TICKERS: TRBR , QLTY

Now understand why I can't rate TRBR. Market cap is below $100M mininum (now around $62M). Its still my favorite and I'll rate it when it gets above that $100M minimum. Another micro cap transport that I like in terms of risk/reward is Quality (QLTY) which also is below minimum. These micro caps that aren't followed much offer are good investing opportunities.

5 Comments – Post Your Own

#1) On February 20, 2010 at 7:10 PM, portefeuille (99.75) wrote:

... but want to note my choice here so I can say "I told you so" in 3 months, 6 months and 1 year!

(from your first post)

Hi! That absurd "$100 million market capitalisation requirement" is a major annoyance. I highly recommend making a blog post like this one. You can make a call on whatever you want, whenever you want to and ...

you can say ...

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#2) On February 20, 2010 at 7:17 PM, portefeuille (99.75) wrote:

... and you can get an ataque de nervios when after a year or so you want to see what happened to all those stocks/funds you made a call on, you start writing stuff like this and 3 weeks later are still not done ...

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#3) On February 20, 2010 at 7:18 PM, ragedmaximus (< 20) wrote:

well with a flat shipping industry and trbr average 15k share a day average in trading volume I would rather jump off a bridge than buy this stock,but what do I know.

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#4) On February 20, 2010 at 7:19 PM, portefeuille (99.75) wrote:

and make more calls with your "caps" game player. it's fun. really!

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#5) On February 21, 2010 at 12:43 PM, ByTheNumbers (95.62) wrote:

Portefeuille, thanks and well stated.

Ragedmaximus, this is a different shipping company and shouldn't be looked at as a shipping sector play. Moves 53' containers on barges that give it big cost edge in protected Jones Act market. Effectively trading for single digit price earnings ratio after non recurring items and stock now one third of what it was couple of years ago. Trends moving up and company has additional capacity and vessels that can be put to work. Looks to be a long term winner in this protected Jones Act market which is 30 times bigger than company. Competitors with old ships and small containers can't match and costs at those competitors going up. Antitrust investigation has resulted in jail sentences for officers at competitors with biggest HRZ highlighting many future risks related to antitrust investigation in their latest 10K.

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