That allowed shrewd buyers such as Fred Astman of First Wilshire Securities in Pasadena, Calif., and Philip Hershberg of the Deermont Market Center in Wellesley, Mass., to accumulate shares at bargain prices.
, whose firm owns 3.4% of the shares, thinks profits may hit $4 a share this year.
That's because the company, which buys space on others' ships, is launching two of its own.
The first sails May 20.
: "This will give the company more leverage in pricing."