Horizon Lines Drops Precipitously (& Mysteriously)
Ive posted my research report on Horizon Lines in the past and have been actively writing puts on it throughout the year. I closed out the last batch a few weeks ago and currently do not have any position in this stock. At these levels, the stock can be intriguing but mustering confidence is difficult as I can find no explanation for the stock selling off. The companys high debt load makes me wary of jumping in without getting some sort of explanation despite my previous research indicating the cheapness of the stock.
Sources:
- enlightened-american.com
- www.askstockguru.com
- www.lloydslist.com
- www.logisticsmgmt.com
- jemorris.blogspot.com
- maritimecalamities.blogspot.com
Tags: confidence, debt load, hansepferd hamburg, horizon lines, hrm, hrz, pauzicka, previous research, stock