Don't Bite The Hand That Feeds You

[investorwisdom]

the current growth outlook for SHIP, IMO does not warrant a $5 stock price, I think we need to see more profits and exposure to the spot market to realize that type of gain, I think $3-$4 is more reasonable, however if the company mentions plans to pay a dividend, its a whole different ballgame, $5 + in that case. Don't let SHIP be the only dry-bulk tool in the shed, EXM while more expensive, is a great value too, since they have currently have great exposure to spot market rates, and a low float, they have the highest potential to reap the most rewards to shareholders here. And the company that has the greatest potential for the largest dividend payout in a increasing rate environment.