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Tuesday, February 24, 2009

Bookkeeping: Buying Excel Maritime (EXM)

Posted by Mark at 1:40 PM TweetThis
Truly, what is life without a dry bulk shipper. Also, China is back and everything is fine in the world. CEO resigned yesterday but that's ok.

(ok in reality just a high beta play) buying a 2.8% stake in the $3.70 range and hoping to "flip" it in the $5s. $6 if the Kool Aid is strong with this one. Talk about a "double bottom" chart formation.

Long Excel Maritime in fund and personal account


Posted by Mark at 1:40 PM

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