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


To: Paul Senior who wrote (47973)9/11/2012 2:18:56 PM
From: E_K_S  Respond to of 78628
 
Ultrapetrol (Bahamas) Ltd. (ULTR) - last $1.20 +23.71%

Sold 50% of my remaining shares in this loser for me. Time to move on, book the loss and get the money working in some other value play.

It seems like every quarter there is another issue with the company booking a profit. It's the weather, the soybean harvest, unsold barges, a non paying account, etc. Therefore, my remaining shares could/will provide me a nice gain if/when they ever see their previous highs in the high teens.

EKS