Had some NMM the parent company of NM until several weeks ago and sold after the runup. I have no position in SHIP at present but would like to re enter in the low $1.20's. Looking to buy dividend paying stocks as I just came into some large coin on MHR over the past year. Nearing retirement and want to be cautious. I have some preferreds paying over 7%. Will re examine shippers soon. Now is not the time to make mistakes and am adopting a wait and see approach. Made good money on SHIP when it ran from $1.20's to $1.40.