JPL Posted March 30, 2001 Report Share Posted March 30, 2001 Omega Protein is hemorrhaging...let the Dogs be their death nell: http://www.wsrn.com/apps/news/art.xp...8&f=NEWS&s=OME [This message has been edited by JPL (edited 03-30-2001).] Link to comment Share on other sites More sharing options...
bido Posted March 30, 2001 Report Share Posted March 30, 2001 Great news..hopefully bunker oil will go the way of whale oil someday..Save the bunks! "Where is my mind? Waaaaay out in the water see it swimming?" Link to comment Share on other sites More sharing options...
pennboy Posted March 30, 2001 Report Share Posted March 30, 2001 Unfortunately, this means they may INCREASE efforts in NJ waters this year. They can not stop the soybean farmers or South American boats from flooding the markets so they will probably try to sell more product at a lower price to make up the difference. Link to comment Share on other sites More sharing options...
NJSurf Posted March 30, 2001 Report Share Posted March 30, 2001 Some interesting reading at the Omega Protein Yahoo stock message board. These people are posting the same articles as us (such as reduced crabbing harvest in Maryland being blamed on lower menhaden stocks resulting in rockfish targeting crabs) Except these investors have a slightly different take on the situation. Perhaps if the ivestors knew of SDOW, they would sell their stock! http://messages.yahoo.com/bbs?action...22&sid=8729322 Link to comment Share on other sites More sharing options...
JPL Posted March 30, 2001 Author Report Share Posted March 30, 2001 just to keep it on top...the dogs will make them bleed even more. [This message has been edited by JPL (edited 03-30-2001).] Link to comment Share on other sites More sharing options...
JimK Posted March 31, 2001 Report Share Posted March 31, 2001 Sorry to burst your bubble's guys, but Omega Protein looks like it's going to be around for a while. Looking at it's balance sheet, their current ratio is 3:1 That means they have three times as many current assets as current liabilities. They can weather short term down turns in profitability. Also, they have total assets of $160 million vs. total liabilities of $33 million. That's a pretty strong Balance sheet guys I retrieved the above details from the link provided by JPL. Sorry for getting technical on youse guys... Where's Spring??? I need to fish soon! JimK [This message has been edited by JimK (edited 03-30-2001).] [This message has been edited by JimK (edited 03-30-2001).] "Russian War Ship.. go f*#k yourself" Link to comment Share on other sites More sharing options...
JPL Posted March 31, 2001 Author Report Share Posted March 31, 2001 There's always an accountant in the crowd! All the more reason for strength of resolve. Winston Churchill asked someone why an english bulldog had a short, stubby snout. He reasoned "so it can breath while holding on to it's bite". On dogs... Link to comment Share on other sites More sharing options...
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