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Genco Shipping & Trading Ltd. Message Board

  • masterwallstreet masterwallstreet Sep 9, 2013 12:18 PM Flag

    A new 52 week high

    In my opinion only, today the stock gapped up and hit a new 52 week high. I have another stock that hit a 52 week high. I was going to release it on Friday. The stock is ESEA. Just like Genco it is a shipping company. It is way undervalued. Today it hit a new 52 week high of 1.63. The reason why I like ESEA as much as Genco is because they have high insider holding (43%) and institution holding is growing (15.30%.) They have a very low float of 20 million shares. The book value is close to 5.00. It is 1.63 now. What is amazing about this stock is they actually pay a dividend. I should be getting my dividend payment on September 11. I feel that this stock is more stable and financially secure than Genco. I feel that genco will still move a lot higher. I would recommend everybody to look at this stock because it has great potential of taking off. Bad shorts bad shorts what you gonna do what you gonna do when the stock rises on you you fool?

    Sentiment: Strong Buy

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