Paragon Shipping.
solid shipping company. 97% of shipping capacity booked for this year, should have no problems bringing in the earnings. 4% dividend.
not sure if its a good time to buy, it just went up 25% after a positive Q1 earnings report.
bought at 5.35, plan to hold out. buy if dips below 5.
WRT yesterday's attempt at market timing, EXM is now up to 10.3, managed to buy it at almost the lowest point yesterday. seems quite overvalued now, but i'm back to a neutral position had i bought and held before i sold. will hold out more for it. 67% shipping capacity booked this year, not as promising as i'd like it to be.
These buys put my drybulk shipping holding size to 12% of my total portfolio or 20% of my active holdings.
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