Replies to post #699 on Eagle Bulk Shipping Inc (EGLE)

[learning curve]

EDIT: I did...it was a very small position. TERRIBLE learning experience!

These experiences are the ones I WISHED I watched from afar so I could apply the knowledge to the next time a similar scenario comes along.

Share were transfer to roughly 1 share for 100. So I ended up with 10 shares with my prior avg at .80....

I'm down $650 out of $800.00

IMO, I wouldn't touch this unless you really understand valuations....

My GUESS would be $50PPS target....GUESS. I will hold my shares just to make sure I don't forget this MISTAKE!