Sounds good to me seems like its fairly safe to buy a few more now and play it for at least a swing trade until something else develops. Im guess this could creep back up to .26 or so in the next few days to weeks.
According to Lloyd's List - a leading publication in the maritime industry - Omega "scored a landmark victory in its Chapter 11 battle against senior lender HSH Nordbank in Houston, setting an extraordinary precedent for other foreign shipping companies seeking refuge from unpaid banks through the U.S. bankruptcy courts." http://www.wikinvest.com/stock/Omega_Navigation_Enterprises_%28ONAV%29/News/3336897/Bracewell