I will begin this post & response to
@bruham with a classic quote from a clsassic film, Snatch:
“You should never underestimate the predictability of stupidity.”
Now that I've got that out of the way, to respond to Bruham's relatively intelligent question (even though the spelling leaves a little to be desired. I thought it was a typo but then saw how you spelled "to" below and had further confirmation of the mental giant with who I am wasting my time.) - "Were will our newest best friend(the jockey) find the cash for his little boats?"
Anyone following this stock for even less than a month - and following my post on the day of the announcement; would easily be able to answer that question.
And the answer for those of you unable to read between the lines is courtesy of the appointment of Mr. Jens Martin Jensen.
I'd be shocked if GEV had to put more than 10% down per ship and Jens would get the rest financed.
So let's say that a ship cost $100m, GEV would have to put $10m down.
My estimate, a CR at $2.50/share.
And before you think I'm delusional, MB raised $49.5m for LNG at 55c before raising $38.6m at $2.60 2.5 months later - and LNG had a larger issued cap then GEV if memory serves correctly.
I doubt MB will be raising such a large chunk of change at such a low price.
And if you think "the jockey" can't and won't do it again...well I guess everyone on this forum already knows what you are.
