Replies to post #314 on Seanergy Maritime Holdings Corp. (SHIP)

[investorwisdom]

it all depends on the example you use, unfortunately SHIP just shelled out nearly half a billion in debt for these old ships, which is really ridiculous when you think about the point you are trying to make, it's like slapping yourself in the face with a statement like that LMAO!

[TheInvisibleHand ™]

THEIR FLEET IS MONEY MAKER AND THEY GOT A GREAT DEAL ON THE RECENT ACQUISITIONS. GLOBAL PROJECTIONS FOR DRY BULK ARE PREDICTED TO GO THROUGH THE ROOF IN 2011, THE $BDI WILL NO GET VOLATILE ON THE UPSIDE AFTER IT MADE A BOTTOM.

THE FLEET AGE IS AROUND 12 YRS NOT 20 THAT SOME POSTED HERE.
KNOW ONE HAS ALL THE ANSWERS SO VERY IMPORTANT THAT EVERYONE DUR THERE DD.