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+ This pick is a response to an analysis by Albert L ...

7 pts

Opinion on  Seaspan Corp. (SSW)     Sector: Transportation  >  Industry: Water Transportation
Neutral on SSW ...

Oct 05, 2007 11:43 PM GMT
86_edited
Return Risk
+1.65% HIGH
Sr. Associate

hold for now


Update 10/07:

this will move up but not to soon, half of thier future potential fleet is under construction. some of thier current contract run 11 years out but the current expense of construction and renovation will afffect thier curent bottom line. as thier fleet starts leaving the building ship yards those current cost will translate to profits. right now they are $6.00 below the high of the year and the earning per share are projecting lower that previuos Qaurters, growth is stagnent till some of thier new fleet rolls out. the only moving average they above right now is 135 day, I agree as a long term buy but I'm a short term trader and look at this as a future consideration. NOT ONE TO MAKE MONEY ON THIS WEEK.


SSW:  This call was made on 10/05/07 @ $32.0
Rating:   Neutral/Hold   $32.0 (10/05/07)
Closed:   10/05/2007 @ $32.0 (+0.00% in 3 minutes)


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gene fleszar previously rated SSW
Neutral/Hold -13.75% analysis
10/05/2007
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