Hello, Fool! | Login | Signup | My Fool
Nov 19, 2008 11:32 AM ET | Feedback | Site Changes | Help
A maritime enterprise and operates a fleet of owned Ultra Handymax and Panamax vessels and a fleet of time chartered Panamax and Ultra Handymax vessels that are employed to provide transportation of bulk commodities.
View All Commentary (NM)
Recs
rickdoom (30.69) Submitted: 7/11/08 2:30 PM : Start Price: $9.28 NM Score: 10.11
The stock may look extremely cheap from a price-to-earnings standpoint; however, I am still bothered by last quarter's earnings report, which was an absolute trainwreck. Considering that, and the fact that the whole drybulk shipping group seems to be floundering at the moment, I expect further downside for NM, at least until the group turns back around.
Report this Post Replies: 0 | Reply | Permalink
Oops! There appears to be a problem with your comment. Check to see if there's something you left out.