instead of telling u about Carlye (2nd largest private equity firm in the world) taking a 12% stake in EGLE he thinks the resumed trading drop of KLC stock is front page news. a suspended stock always drops on resumed trading. that's trading 201 stuff. the real news of the day is when a PE firm takes a 12% stake in what he would otherwise tell u is a bankrupt company. Worldwide PE managers vs a msg board yapper ? hmmm ?
Why is EGLE's share price so low? Why is it just a penny stock that gets shoved around by the slightest little breeze? Serious investors aren't really thinking you are correct, which you haven't been at all.
there isn't one single shipping stock worth 'serious investing'. they are all trading candidates. EGLE is up 167% from it's Dec low which is only low for those who haven't captured the trade opportunity. DSX has now entered the pinch point with expiring charters and even NMM will be there soon enough if rates don't make some big moves. even the best of the best during boom times are marginally investment grade as the depreciation model is nothing to hold the bag about. the volatility of EGLE stock is because many of us are trading it while some are only worrying about the rear view mirror, missing the real opportunity.