Replies to post #309 on Seanergy Maritime Holdings Corp. (SHIP)

[investorwisdom]

listen I like the company, and think that you can make plenty if the rates recover, but right now it's priced low, because of the factors i mentioned. The market knows it, the CEO knows it everyone knows it. I have bought this stock for myself and others. I'm not bailing SHIP. But I feel better knowing why the stock is low, than just throwing money at it and hoping... Once those rates start rising we will see a $3-$4 stock price, but if we go into another extended recession, and the rates crash, the company is trouble. In fact I would go as far as to give this a screaming BUY rating!!! I love SHIP and the prospects, and that is why I'm telling you straight up what worries me, I'm not bashing it...