Time to off-load this Mermaid, page-62

ive just started buying this stock.

imo the analogy is BKN - mermaid has a similar relationship to oil that BKN has to general Chinese engineering and manufacturing demand.

generally such stocks bottom ahead of where cashflow focused investors think because the shrewder capital gain focused investors position for the turnaround in asset values - which starts happening the minute the curve bottoms

im buying these tiddlywink pushdowns because it has all the hallmarks of a hedge fund or 2 playing games tryign to flush loose hands

have a look at what just occurred with TNK in the states for a great eg