That's a huge amount to own.
Sentiment: Strong Buy
Hanover didn't pay for it. They received it in lots from a $750,000 judgement, and sold it down from $3, and bought the whole position back under $1.You can read that in all the recent filings.
Either way you look at it this will be 3 X's the money here The value of the ships alone are over $15.00 a share