Deep Dive: A little-recognized January catalyst could resurface big gains for these submerged stocks [MarketWatch]
SCORPIO BULKERS INC (SALT)
Last scorpio bulkers inc earnings: 1/27 07:47 am
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scorpiobulkers.com/investors/shareholder-services/dividend-tax-treatment/2018
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Source: MarketWatch
A little-recognized January catalyst could resurface big gains for these submerged stocks Are you really a contrarian investor? If so, you may be interested in an industry that has been loathed by many investors, but which Evermore Global Advisors thinks will rebound. David Marcus, CEO of Evermore Global Advisors, and Thomas O, a portfolio manager at Evermore, say marine shipping offers a golden long-term opportunity, with low stock prices and a “confluence” of factors that will lead to a vast improvement of industry fundamentals and a tremendous increase in shareholder value. The firm has made large investments in several shippers and has been researching the industry for three years, which includes learning as much as possible about the “characters” who dominate it, Marcus said. Evermore Global Advisors is based in Summit, N.J., and has about $1 billion in assets under management, including $552 million in the Evermore Global Value Fund EVGBX, -0.23% EVGIX, -0.23% . For years
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