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IL Padrino

11/13/13 2:27 AM

#50 RE: renoldman #49

The recent increase in price is not indicitive of dilution. In fact, the chart is looking pretty good to me. If it breaks $4.50, we will see close to $5 shortly after.

The company has recently purchased new vessles and I expect them to generate more income very quickly. If they show a loss this quarter, I expect that to turn around by next. Plus, the dividend is worth holding on to this stock.
I have an average of $4.86

If the SP stays relatively the same, I can hold on to this stock for 1 more year, recoup any losses through dividend payments. If the stock goes above my average, as I anticipate it will, then it just gets better from there.