In my opinion only, I took advantage of the market conditions and I just purchased 15000 shares of this to add to my portfolio. Not only will I make money when it doubles and triples but I get a nice dividend check every quarter. It is very odd to find a stock that is trading less than $2 and pays dividends. This stock has a lot of opportunity to grow. That is why I believe the opportunities are so high. The volume is increasing 4 or 5 times than normal. It is breaking 52 week highs. It is owned by insiders and institutions close to 60%. This has a ridiculously low float. Also the industry is coming back. The economy is starting to rebound. I find this a great opportunity to make a lot of money. That is why I am buying more on dips. If you are starting to short cover really soon. Bad shorts bad shorts what you gonna do what you gonna do when the stock rises on you?
good luck!!! fleet is oldest and smallest in industry this means more cost per ship also they will have to raise money to upgrade fleet dont get me wrong they will rise but they will lag other shippers