the only saving grace is the stock has held up well given the BDI free fall for 4-5 days. As for how it is doing compared to other shippers - last 2 months it has done better than DRYS and EXM. Past week has not done well - but it did have some pop a few weeks ago from upgrades. If announced earnings continue to go well for other shippers - it should move. Just wish the BDI would not drop like this!!!
I agree we will hit bottom today. Only a few weeks ago this company reported and it was one of the best performing in the sector. There is a lot of manipulation on this stock. In a few days it will be back trading close to $5.00 a share. It bounces around a lot!