All shipping stocks have taken a 80% or more FIB retrace, which means this is typically the bottom for a major sector retrace, we should see most if not all making a second trend back up on Monday. This one being one of the few that were green on a Friday should see major movement upwards, and that's not taking into account everything the company itself has going on. Should be a good week coming up ahead.
It definitely moves up if outstanding shares stay at 273 million. That's the key thing to watch for. If it starts increasing get out because it will do another rs.