Paragon Shipping Inc (PRGNF)

[crable]

I am still in. I am holding until this mess is over. As I mentioned I am long. There was a statment yesterday that the shipping industry is not in good shape right now and I think it has caused a problem with the entire sector. I still think the entire sector is oversold and undervalued. Unfortunately these stocks will not move (I don't think) until the market makes some solid gains. I still think the dividends are good and I picked PRGN in this secotr because they had the best fundamentals. I am willing to wait for my profits on this one, but may flip some (not all back) when we hit above $7.00 again, which shouldn't be too long I don't think.