Fri, Mar 6, 2015, 3:38 AM EST - U.S. Markets open in 5 hrs 52 mins


% | $
Quotes you view appear here for quick access.

FreeSeas Inc. (FREE) Message Board

  • fblangeard fblangeard Sep 8, 2010 10:13 PM Flag


    FREE supposedly made 16 cents a share in the first two quarters. If they want to raise the pps all they need to do is declare a two cent per share per quarter dividend. That would amount to 8% per year at the current share price of $1.00. But...they are not going to let the shareholders share in the profits. Assuming that those numbers are real. What they want to do is a reverse split so that they can then dilute the stock. Can't very well dilute the stock if they have to discount the share price from $1.00. That would lead to delisting. I own 2000 shares at an average price of 1.02 so I am not doing myself any favors by bad mouthing the stock.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
0.082+0.001(+1.23%)Mar 5 3:59 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Geron Corporation
NASDAQThu, Mar 5, 2015 4:00 PM EST
Orexigen Therapeutics, Inc.
NASDAQThu, Mar 5, 2015 4:00 PM EST
Vivint Solar, Inc.
NYSEThu, Mar 5, 2015 4:00 PM EST