Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: bluezuu who wrote (46718)	2/23/2012 1:09:42 PM
From: Paul Senior	Read Replies (2) \| Respond to of 78692

GASS. Yeah, LNG - I made that mistake too. And it was after I had already bought the stock. I'm still embarrassed about it: GASS is not an LNG shippper. It's an LPG shipper. As I was called on that: Message 26307850 Still, I've liked what I saw (GASS fleet is the largest shipper of LPG afaik) - although the LPG market and growth potential is perhaps much less than for LNG. I hold shares. Bought from $6.21 through $4.27, and I show I've a gtc order in since 11/11 for a few more shares @$3.75. Stock now is $4.59. Looking closer now at GASS, I don't know if I want to increase my bid. Relatively high d/e. History of profits mostly, but very lousy roe. Low p/stated bv: At p/bv now of .33, maybe stock can get up again to at least .5 in a good market. Would be at $7 vs. $4.59 now. From their website: "StealthGas ranks number one worldwide in owned vessels in the 3,000 to 8,000 cbm LPG carrier segment which is our strategic focus." Maybe being number one in this (whatever it is) might make the company/stock more desirable eventually. Anybody else here with an opinion to offer on GASS?