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doglover1

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doglover1

Re: LongTimeObserver post# 9

Tuesday, 08/16/2016 3:48:26 PM

Tuesday, August 16, 2016 3:48:26 PM

Post# of 76
I got in today at $4.17 (only 2,000 shares).

I see you're not happy. According to Scottrade, they supposedly have a book value of $140.00 a share, and equity to debt is 2 - 1. Is that correct?

The whole industry is in the crapper. Too many ships chasing not enough merchandise... It may take a year or two, but things should get better here. They are still purchasing new ships so they must feel they will be able to ride it out. You, though, think differently, right?
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