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Thread: Market Watch for week of 11/02 - 11/08 2009

  1. #101
    candleman is offline
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    Quote Originally Posted by billhart22 View Post
    Here goes, Chuck... I am so familiar with dry shipping stocks that it is ridiculous. If you go back and look at the charts on all of these over the course of the last year or two you will see that they gap up or gap down very frequently. The gapping is their nature.

    If the boats are down, then nothing is moving. They are probably the best indicator of our economy, of any stocks.

    OCNF was getting down to March pricing a few days ago, when they were a give away. Look at the stock prices for the last two years. Also take a look at the pricing on SBLK, DRYS, FREE and see how they are doing comparatively. I just really believe that a buck for OCNF is really a steal.

    If I had 5 grand today or yesterday, then I would throw it into OCNF, however, that is just me. I have owned these stocks many many times and they are second nature at this point.

    O.K., they are down now, but time is essential for these to make more money. They generally run fast when they run. I posted a PR for OCNF and on the 12th? there is coming a conference call:

    OceanFreight Inc. Announces Date for the Release of Third Quarter 2009 Results, Conference Call and Webcast
    Date : 11/03/2009 @ 10:55AM
    Source : MarketWire
    Stock : OceanFreight Inc. (OCNF)
    Quote : 1.0 -0.02 (-1.96%) @ 10:45AM




    OceanFreight Inc. Announces Date for the Release of Third Quarter 2009 Results, Conference Call and Webcast

    ATHENS, GREECE -- (Marketwire) -- 11/03/09 -- OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne transportation services, today announced that it will release its results for the third quarter ended September 30, 2009 after the close of the market in New York on Tuesday, November 10th, 2009. On Wednesday, November 11th, 2009 at 8:30 A.M. Eastern Standard Time EST, the Company's management will host a conference call to discuss the results.

    Conference Call details:

    Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 866 819 7111 (US Toll Free Dial In), 0800 953 0329 (UK Toll Free Dial In) or +44 (0) 1452 542 301 (Standard International Dial In). Please quote "OceanFreight."

    A telephonic replay of the conference call will be available until November 18th, 2009 by dialing 1 866 247 4222 (US Toll Free Dial In), 0800 953 1533 (UK Toll Free Dial In) or +44 (0) 1452 550 000 (Standard International Dial In). Access Code: 7445162#.

    Slides and audio webcast:

    There will also be a simultaneous live webcast over the Internet through the OceanFreight Inc. website (www.oceanfreightinc.com). Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

    About OceanFreight Inc.

    OceanFreight Inc., is an owner and operator of both drybulk and tanker vessels that operate worldwide. As of the day of this release, OceanFreight owns a fleet of 12 vessels, comprising of 8 drybulk vessels (2 Capesize, 6 Panamaxes) and 4 crude carrier tankers (1 Suezmax, 3 Aframaxes) with a combined deadweight tonnage of about 1.2 million tons.

    OceanFreight Inc.'s common stock is listed on the NASDAQ Global Market where it trades under the symbol "OCNF." Visit our website at www.oceanfreightinc.com.

    Forward-Looking Statement

    Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

    The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although OceanFreight Inc. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, OceanFreight Inc. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

    Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including changes in charterhire rates and vessel values, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled drydocking, changes in OceanFreight Inc.'s operating expenses, including bunker prices, dry-docking and insurance costs, or actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents and political events or acts by terrorists.

    Risks and uncertainties are further described in reports filed by OceanFreight Inc. with the US Securities and Exchange Commission.

    Visit our website at www.oceanfreightinc.com.

    Investor Relations/Media:

    Nicolas Bornozis

    Capital Link, Inc. (New York)

    Tel: +1-212-661-7566

    E-mail: oceanfreightinc@capitallink.com
    Thanks Bill,
    Those are the reasons that I bought in to OCNF in the first place. It's just nice to hear someone else back up my thinking!

  2. #102
    Ramsey is offline
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    Joined: Mar 2009 Posts: 295
    Hey Folks, and Julie, Too

    ***

    Well, I'd reckon that it's official. Folks have finally hit the "who gives a f*&#, who gives a s&$t" level of caring about a lot of these companies.

    At least, I know that I've all but said 'f' it.

    Yup -- I'm the poster child for positivity ;-)

    ***

    Anyway...I got around to checking back in on the companies that I have money in.

    It looks like I missed the BioCentricEnergy conference call by about 45 minutes.

    http://www.biocentricenergy.com/ -- I find it interesting, the list of questions that they have for the CC.

    ***

    I'm now going to do my part on saving the environment -- gonna shut this screen down for a while but will check in a little later.


    have a great day, folks, and Julie, Too ;-)

  3. #103
    Alaska Guy is offline
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    Joined: Jul 2009 Location: Anchorage, AK. Posts: 367

    Ocnf

    Trying to pick up more OCNF today @ $1.00 to make it an even 1K shares. Not alot, but I may pick up more depending on how the CC goes. I made good money on this the last time I was in it.

    BTW...ITS MY BIRTHDAY!!!! All I want is for my accts to end in the GREEN today!!!!!!

    Good luck everyone!!!!!

  4. #104
    candleman is offline
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    Quote Originally Posted by Alaska Guy View Post
    Trying to pick up more OCNF today @ $1.00 to make it an even 1K shares. Not alot, but I may pick up more depending on how the CC goes. I made good money on this the last time I was in it.

    BTW...ITS MY BIRTHDAY!!!! All I want is for my accts to end in the GREEN today!!!!!!

    Good luck everyone!!!!!
    Have a Happy and very GREEN birthday!

  5. #105
    Ramsey is offline
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    ...decided to call the CC phone number...

    it's still going on -- man, it never ceases to amaze me...the difference between the big boys and the CCs of the pinks, etc.


    it'd be hilarious, if I didn't have money *there*

    ***

    Note:

    I didn't realize that BEHL is going after the nutritional supplement arena, including a nutritional energy drink.


    ***

    hap hap happy birthday, Andy!
    Last edited by Ramsey; 11-06-2009 at 01:08 PM.

  6. #106
    bigsandy is offline
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    Joined: Jun 2009 Posts: 192

    OCNF and picking pockets

    hey Candleman:

    I've been following Bill logic on the boats and finally jumped in last week. I bought in at .90 and sold couple of days later at 1.07 for a quick coupla hundred on a pocket picking adventure. However, I like the prospects of coming in and out of this as the economy slooooooowly rebounds. Only a matter of time before 'the boats' as Bill is fond of calling them, to rebound to the $5 range.

    That's my simple 2 cents worth..lol.

    s.m.

    Quote Originally Posted by candleman View Post
    We've been talking about Ocean Frieght for awhile. I bought in 6 weeks ago and I'm down about 20% right now.

    So......what are we looking for in this stock?

    Bill, you're looking to buy in. I'm just curious about your reasons for thinking we may see a rise in price anytime soon.

  7. #107
    Ramsey is offline
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    Stang -

    I thought that you might would be interested to know that Matisyahu's "One Day" was selected to be used for the Winter Olympics commercial on NBC.

    http://www.youtube.com/watch?v=dmNMWFgKdoo

  8. #108
    billhart22 is offline
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    Happy Birthday!

    Happy Birthday, Andy!

    They just don't quit coming, do they?

    Great choice on OCNF. I am trying to pull some money out of the mix so I can buy some more, but I am not having a great deal of luck.

    Oh well...

    Have a great birthday...just for the halibut!

  9. #109
    billhart22 is offline
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    I have an appointment at 2:00 P.M. today MST, so I am just farting around this morning. The most that I have accomplished is ordering some really cool popsicle molds from Amazon.com. They are made by Tovolo and are about $9.95 a set. They have several different ones. I am going to start making my own fruit, fruit juice, coffee and tea pops.

    I know...does anybody give a shit? I think not, but just for the slightest chance that anyone cares or is looking for some really good popsicle molds, then they now have the brand name and the place to get them...

  10. #110
    just sirius is offline
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    Andy

    Happy Birthday my friend! You look pretty good for turning 60 today! hahahaha!!!!

    OCNF

    As I stated before...If the boats ain't movin sh%t...the world ain't doin sh%t!
    OCNF and the rest of the boats will rebound...If you want to swing trade...look at DRYS...price flux .10-.50 almost daily!

    have a great day guys!
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

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