GNK like many had issues in 2012 but they are set for a nice rebound. Bottom tomorrow.
Sentiment: Strong Buy
Don't know.... They have 82mm in the bank - at current rates that will be enough for 1, max 2 years.... This assuming they don't have to make any debt payments. I think GNK will need another stock offering soon.
what kind of bull@#$% is that? where do you guys come from? 42mil (40 restricted) are only good for 7 months. you always had difficulty in counting the months?
I fear the only way they will survive it though further dilution.
what is your forecast for cape and pmax rates in 2013?