Still cannot believe that this sector is still down. Purchased in 2008 and 5 years later,worse. Who says that Global economy is on the mend. Even with more ships all companies should start to make money again.Am glad that I sold in 2011 but stock has not really moved much. Only thing that is good is the steady dividend with no appreciation . At least they kept the dividend.You could have been lucky if you reinvested for more shares but.......???? You could have made it elsewhere . Wish all prosperity.
easy answer... check daily shipping rates... we are coming off the lows and nm has had two increases ?? but at 9000 a day stil a long way from 40,,, we are on the front end of a cycle and in deep value , which means some may fail buy a package o