Here's a company that shouldn't be paying a divi. Reporting loss after loss, huge impairemt charges, depreciating values, and taking even more losses on the decline of the shipping industry. Valued at around .67 - .70 pps. Technicals made a nice pinch last week from around .8 to 1.08. My interest is watching for another set up on the technicals as it pushes more into the oversolds with dilution (and very likely a delisting or reverse split to try and save itself). New 52wk low also.
Do your DD. This one seems to be crashing and burning.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7799 | From: Virginia | Registered: May 2006
| IP: Logged |