Replies to post #38 on Diana Containerships Inc (DCIX)

[IL Padrino]

Bought another 1,000 shares. The slow and steady increase indicates buying, anticipating the divi release. Once notified, I'm selling on the ex-divi date. I expect it to be at $5 or a bit above by then.

[IL Padrino]

The market is over reacting to the financials IMO. They actually have been doing about the same as previous quarters but showed a loss due to the disposal fees.

I'm going to watch the stock for a few days and determine a bottom and pick up some more shares before the dividend date.

It's hard to pick a target due to the new lows, but I have a feeling around $3.25 is the lowest it will get.