Xanadu,
This post is from another message board i watch. Looks like Britania Bulk went belly up and may have stuck Golden with for some vessels resulting in a sell off ...
Today's Golden Ocean Decline
The decline today in Golden Ocean is related to the potential bankruptcy of DWT which recently bought ships from GO. I don't know if these ships have been paid for or not. If not, it will likely affect the near term dividend and likely will result in some serious consideration of the stragegy of selling ordered ships in the future and, of course, the dividends going forward.
Is this a huge buying opportunity or a bad precursur of things to come....?
Joe
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