Saturday, August 13, 2016 12:40:19 AM
The other thing is until very recently it looked like everything was pretty
awful across this industry with probably no options for anyone to put in money.
But as an industry turns things change , instead of blowing out shareholders they should keep them in the game and help them make money to put money in rather than give up so much of the company. It is a longshot for sure but when things turn with highly leveraged companies they turn quick. Some people tripled their money from march to recently on Safe Bulkers and I am noticing buying on sell downs in other shipping stocks so money is moving.
This remains extremely high risk (as you all know), but an interesting learning experience for sure.
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