
pack. Traders attribute the strong move to a momentum swing after the Baltic Dry Index finally pulled out of its death spiral earlier this year. Gainers: OSG +8.3% , SFL +5.7% , DRYS +5.9% , PRGN +4.2% . Post your comment!
August, I wrote a buy recommendation article on Paragon Shipping ( PRGN ). PRGN traded that day at $1.29 a share, resulting ..... gained 21.5%. In my article, I predicted that PRGN had around 71% upside, just on liquidation value
Shipping & Trading Ltd. ( GNK ) Star Bulk Carriers Corp. ( SBLK ) Seanergy Maritime Holdings Corp. ( SHIP ) Paragon Shipping Inc. ( PRGN ) Excel Maritime Carriers Ltd. ( EXM ) A Brief History Lesson... Investors looking for an ugly chart don
Jan 30 (Reuters) - Dry bulk transporter Paragon Shipping Inc said it has ended a vessel charter with Deiulemar Compagnia di Navigazione, as the Italian shipping company failed to make payment due since Jan. 5.
By Alex Shadunsky : Overview Baltic Trading is a dry bulk shipper controlled by Genco Shipping & Trading ( GNK ). The company was formed by Peter Georgiopolous in late 2009, who also founded GNK and the recently-bankrupt General Maritime. Unlike most shipping companies that focus on long-term ...
increasing cash problems at the company casts a dark cloud over the sector - pressuring the shares of rivals lower on similar financial and tanker rate worries: FRO -14.7% , GNK -4.1% , PRGN -4.6% , DRYS -3.5% . Post your comment!
pushes vessel rates higher . Cantor Fitzgerald's shipping analyst chips in, saying a good tape and a strong Baltic Cape Index are supporting the rally. Gainers: EXM +12.4% , DRYS +4.2% , GNK +6.8% , PRGN +8% . 2 comments!
listed in the Dow Jones Industrial Transportation Average moving higher . Not getting left out of the party are shipping stocks ( SEA +2.2% ), led by OSG +9.2% , PRGN +4.2% , FRO +3.6% and DRYS +2.8% . Post your comment!
little downtrodden to investors after a harsh 71% cut on the price target for Frontline ( FRO +15.2% ) by FBR Capital rocked firms yesterday. Gainers in the sector include: OSG +4.8% , DRYS +3% , PRGN +4.8% . Post your comment!
By J. Mintzmyer : Paragon Shipping ( PRGN ) has been badly beaten by the ..... overall shipping market; however, Paragon Shipping has suffered more than most of ..... most recent quarter (Q2-11), PRGN has $254.7M of total debt