Genco Shipping andTrading Limited (fka GNKOQ)

[eddy2]

I would like to add something if I will and that is if and should they roll the debt over before any interest hike should happen that the risk will cancel each other as long as debt is not reduced but in fact increased over the hike period to elevate the interest rate hike should it happen.


This is also true for the least agreements as they are often tied too interest rates as well asset values along with future revenue projections that determines the useful live of that asset relative to falling market value based on intrinsic value that of course is tied to interest rates as well as future interest rate hikes.



So you see we have many things one has to consider here when putting a valuation on the company and even the great Warren Buffet admitted can find it tough to come up with a valuation and how much risk one can associated in uncertain times as this.



If they can address some of these issues that we are seeing here this could well be a $2.00 stock tomorrow or maybe three but yes the risk is very high indeed here for that to take place.