Paragon Shipping Inc. (PRGNF)

[carusso]

Thanks, redsky7. I REALLY appreciate your time to answer.

It has been brutal times for many smaller shipping co's since at least 2008/9. From the little I know, Paragon's CEO/President is both savvy and tries to be responsible to shareholders. I've see sometimes where these shares get whittled down to nothing, then it is "as if" the company itself comes in like a Knight on a White Horse, and buys up all available shares until it is back in a range where no newcomers, at least, are suffering. In the past, I did read all the filings, but had been away for awhile. Today of course I feel foolish, but I added last few days because I believe the CEO will not leave shareholders 'dangling in the wind' if it can Possibly be avoided.

I hope he found some support on the NY trip you mentioned.

The Greek shipping companies were hurt by the tax law changes forced by the European "junta", but I very much hope they find ways to adapt... without sinking!