GNK just isn't on the main stream radar, but the fundamentals will eventually catch up with the price. As is, it's very easily manipulated like it has been today.
Eventually a huge dividend will be reinstated, but they'll need 2-3 years to pay down some debt. They've expanded massively in a down market which is the right thing to do long term. As more of the ships come on line they'll increase earnings back over a $1 a share. Just keep being patient.
Watch tomorrow closely. The 50 day moving average is starting to point upwards again and will likely cross above the 100 day moving average. When this happened in May of 2009, the stock ran from $17 to $28. Watch the action tomorrow, it could be the start of a nice rally.
Of the thirty or so stocks that I follow (including BALT), the only one down today was (of course), GNK.
The market racks up close to 200 points, and GNK gets the crap kicked out of it again. It just ain't natural.