It's a matter of them reducing debt and if any other good news is released. I also heard two of their ships are out of commission until they get repaired. With the BDI and demand for dry bulk commodities they might get the extra money to put those two ships back to work and increase profit margin with their whole fleet busy with contracts. Hard to say if it's done quick enough I could see this being more in the $2 range. Regardless short term this is still a good investment.