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artsea

11/17/16 2:30 PM

#77 RE: Tbone88 #76

I am holding this for a while
Baltic dry index is going up
CEO said they were good until 2018 I think (check the filing)
Just hoping shipping has turned the corner
Besides I'm up by a third

eastunder

11/17/16 5:04 PM

#78 RE: Tbone88 #76

I think you are looking at a company that isn't corrupt and isn't manipulating their own stock. More real than all the others. One that actually has earnings and a low P/E

It didn't run because the float wasn't a float that could be manipulated. Big difference with a 67.3m float compared to a 1.6m float on where it can be taken and how quickly that can be done.

For a recovery in the sector, NMM is probably one of the best choices.

For a quick trade, it may not be the best choice, until people actually start looking at fundamentals, but I would love it if it turned into that type of mover.

BTW, I show revs of 193.9 expected for 2016 which means they are looking at apx 53m for the next Q in a pretty crappy sector. That's not too shabby.