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NewYork888
Apr 23, 2018 6:46 PM

$SBLK This Deep Value Name Is a BUY on Any Pullback 100% Upside Long

NASDAQ:SBLK1D
Star Bulk Carriers Corp.NASDAQ

Description

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Looking for 100% upside from here for the PATIENT investor that buys on the pullbacks - we are LONG this stock. #trading #stocks

Comment

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Hard to tell but this name could be breaking out - we have been VERY long for a long time on this name and will be looking to add on any real pullbacks as mentioned re sub $10 etc - looking for $25 long term on this great value name but it will take some time with many ups and downs.

Comment

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We are still VERY LONG this name

Comment

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A true DEEP VALUE play from a year ago. This name got all the way back to $6.50 and as originally posted this is only for the very patient - this is a great stock thus far as an add to a value portfolio.
Chart Patterns
Comments
briancrawford42066
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Interesting stock. I will be adding this to my watch list. Thanks for posting!
NewYork888
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@briancrawford42066, You're very welcome - please Google " Howard Marks SBLK "
Mungee
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Thank you for the call. Would you consider the average time frame on your calls as 1-3 years?
NewYork888
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@Mungee, Yes we've owned this name from $3 after a major drop from very high levels and are looking for a minimum of $20
DanielSong39
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OK, it reached $8, but I'm not biting yet! Based on news and market, I'm moving the target to $4! Crossing my fingers on this one!
DanielSong39
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Looks like $8 is the buy number! $3 would be sweet, but that price is long gone!
NewYork888
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@DanielSong39, We'll see if it gets back to $8 Thanks for the comment.
DanielSong39
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@london55555, Getting close to $8! Not sure whether this is the number, or whether I should wait a little longer!
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