Xanadu,
From what i understand they have stated that even with the BDI having fallen they are going to able to pay out a .30 cent divi at minimum for the next four quarters. I have heard alot of skeptics out there but GO is well prepared i agree with you. They dont have the spot market exposure that some of the others such as dryships. Even dryships owner is bullish as he has laid out his own cash for 9 capesize vessels and 2 ultra deepwater drillships. This is a strong signal this market even with hedgefunds selling off commodity levered stocks is more stable than it would seem to be. I dont own dryships but if it hits 10 a share i may pick some up. I also may pick up some more Golden but i am holding tight right now...
Have a great day,,,
Joe
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