Looks strong...volume not what I would want to see...but all else looks good.
Just buy at this level and be patient. Patience is what makes money in the market.
Short it .....issue shares (dilute)....reverse split.......drive it down.........issue shares..........reverse split.......repeat as often as possible or until the retail investor no longer throws his money on the table.
Discount brokers lag in the split category. Your shares don't adjust and cost basis won't adjust automatically in many cases. Call them and make sure everything is legit or write the SEC. Your share total should be 1/5th. of what it was Friday.
Just saying that if the market for shipping is turning around this has potential.
Then e-mail me a thank you.
Should be in teens this time next year.
Had 1:20 split two weeks ago and still basing at pre-split of $.50. $10.75 is adjusted resistance and it should explode past that. Don't see many bases this drawn out. Buyers should push this to $15 without any trouble. There can't be any sellers left to speak of.
No shares available.
May regret it but oh well. This was a very bullish day but all ships rose with the tide today.