Been trying to find shippers that will survive. Hard to tell... so many are playing all sorts of tricks. Maybe the ships and names will survive but looks like shareholders get taken. Just look at FREE or tons of others. Seems totally crooked, surprised SEC lets them get away with this stuff. Just circled back to look at EGLE, wow, what a wreck. Sorry to see this #$%$. I wouldn't touch this stock with a 10 foot pole. Crazy.
Hey DCIX mgmt, check out PRGN. Did RS today, lost another 33% immediately. Should have been $2 today, ended at $1.12. Probably be under a buck in another day. RS is BAD news unless you have already seen things improve. Don't do it. It is a weak mans game.
PRGN just did 1 for 38 RS to get over a buck. Yesterday it was $1.78 adjusted, today $1.12. May only live 1 day over a buck. Looks like a great move. Really, just quit trading for a year while things are nuts -- but don't kill self. RS will cut stock in half almost instantaneously. They'll never learn.