Navios Maritime Holdings ( NM ) +3.6% , Euroseas ( ESEA ) +4.6% , Baltic Trading ( BALT ) +3.8% , Paragon Shipping ( PRGN ) +2.2% . The Baltic Dry Index is up 1.5% on the day. Post your comment!
By Zacks Investment Research : I’m a big fan anything that could be viewed as a “Leading indicator.” Something that can give me an inside edge that the rest of the market doesn’t have. I know this goes against that whole efficient market thesis but I never liked that thing anyway. Here at Zacks our
19% . DHRM +18% . KFRC +15% . TRMB +13% . CTRL +13% . OESX +13% . CSTE +12% . Top 10 Losers: PGRX -33% . OXGN -26% . PRGN -14% . RLOC -14% . MKTO -13% . JIVE -12% . GALE -12% . IFT -12% . EEFT -12% . 1 comment!
Gainers: ACO +12% . ETRM +13% . OC +10% . VICL +10% . STV +10% . CYNO +8% . DVA +7% . LIVE +7% . PKG +6% . OPTT +5% . Losers: VTUS -64% . OXGN -24% . RLOC -17% . PRGN -12% . FEYE -5% . Post your comment!
Paragon Shipping ( PRGN ) -9.1% AH after announcing a public offering of common stock of an undisclosed size. PRGN plans to use the proceeds toward vessel acquisitions with the balance
to $11,721/day. YTD, capesize rates -71.5% , panamax rates -20% , supramax rates -23% . On watch: DRYS , GNK , PRGN , DSX , FREE , ULTR , EGLE , NM , NMM , SBLK , KEX , SB , SINO , BALT , ESEA , DCIX , TEU , DAC , SHIP , SSW , GSL . 1 comment
By J. Mintzmyer : I have largely ignored Box Ships ( TEU ) since my coverage on August 16 2012 , in which I urged a 'sell' due to what I perceived as "rampant dilution and insider transactions." Since my past coverage ($6.98 at time of submission), TEU has returned a total of -47.7% (-$4.07 market
By Andres Rueda : Genco Shipping & Trading Limited ( GNK ) recently released its financial report for the second quarter of 2013. The numbers were disappointing. The company recorded a net loss of US$45.369 million, or a US$1.05 basic and diluted loss per share. The company continued burning ...