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Capesize charter rates have moved even lower but Seanergy's common shares have rallied approximately 20% over the past couple of weeks. Find out why SHIP stock is a Buy.
Seanergy Maritime shares took a hit after it provided a weak Q1 outlook and reduced its quarterly dividend by 90%. Find out why I rate SHIP stock a Strong Buy.
Seanergy Maritime is a speculative play on a drybulk market recovery later this year. Click here to read why I rate SHIP stock a buy.
I discuss the potential risks to Seanergy Maritime's quarterly dividend and the likely requirement for SHIP to conduct a reverse stock split early next year.