Wow that was 1k five years ago and 1 dollar now? what happened?
The company has sucked. They diluted the heck out of the shareholders to buy more ships. Basically, they can’t be trusted... BUT this time I am trusting them, having bought in under a dollar. The natural valuation with this many floating shares should be in the 5+ range, the execs have bought in (CEO bought 200K shares,) I am watching this one like a hawk and am extremely bullish. Maybe I like an underdog - but this company either soars or sinks and I think it will soar again, even with so many shares out. CTRM not so much, but CTRM too, once the whales get a whiff. SHIP is the big gamble, but no matter how bruised they are by crappy management (in the past?) the fundamentals scream buy (to me,) and I am not bad at this.