My Stock Value Strategy Starts Now (3 Viewers)

[Mose]

I can't listen, can someone listening post bullet points or mini updates, please?

 

[analog_hiss]

PRGN conference call this morning @ 9:00 am; 1-866-288-9315

Webcast presentation: http://www.paragonship.com/Index.cfm?page=webcast

Listening in on the OCNF call right now.

Just called in."Whats your name sir?"

"The Ref"

'Whats your company"

"FBG Hedge International"

'Thank you sir I'll add you to the call"

 

[Cromedog]

OCNF conference call tidbits:

Usual "forward thinking" preamble, reading of the script by the head honchos, blah,blah blah...wait, what this slide (page 6)? Commentary on China decreasing domestic iron ore production and the gap will have to be filled, that's a lot of ships delivering iron ore.

No more dilution....for now.

The money raised is for debt retirement and capital. No plan to buy ships, right now.

However, when asked about the condition of two ships in drydock this year, one is in the water and contract starting the end of May. The other ship won't hit the water until August...they are trying to find contracts for August, but might look to sell it as is or scrap. They would replace it with one or two boats 2000 or younger.

No plan for dividend.

Thanks for the update....anyone else holding shares of OCNF and if so, your plan? I have both PRGN and OCNF...Have no idea what I'm going to do. My gut says sell at least half of it today, but I think these things are so under valued it's difficult not to get too greedy.

 

[analog_hiss]

I can't listen, can someone listening post bullet points or mini updates, please?

I think they will have a loadable recording of the webcast online, later.

 

[Penguin]

I got bounced off the call while he was answering the last question from the Canter Fitzgerald woman.

 

[Cavalier]

Banking half my shares hopefully @ 6.00

 

[Mose]

I'm out at $6.00. Good luck to all of you and I hope it goes to $20!

 

[Cavalier]

Banking half my shares hopefully @ 6.00

Done and it is off and running.

 

[Harris]

When Im dreaming Im guided to another world

Time and time again

At sunrise I fight to stay asleep

Cause I dont want to leave the comfort of this place

Cause theres a hunger, longing to escape

From the life I live when Im awake

So lets go there

Lets make our escape

Come on; lets go there

Lets ask can we stay?

Can you take me higher?

To the place where blind men see

Can you take me higher?

To the place with golden streets

 

[analog_hiss]

I got bounced off the call while he was answering the last question from the Canter Fitzgerald woman.

Interupted by a contractor...missed the Q/A. Presentations between OCNF and PRGN was like night and day...much more attention to detail by PRGN.

 

[Harris]

Locked in now at 3% trailing-stop for PRGN and $0.12 trailing-stop for OCNF. HIGHER BABY, HIGHER!

 

[Cavalier]

Got a stop @ 6.02 to sell the other half if it dips.

 

[analog_hiss]

OCNF conference call tidbits:

Usual "forward thinking" preamble, reading of the script by the head honchos, blah,blah blah...wait, what this slide (page 6)? Commentary on China decreasing domestic iron ore production and the gap will have to be filled, that's a lot of ships delivering iron ore.

No more dilution....for now.

The money raised is for debt retirement and capital. No plan to buy ships, right now.

However, when asked about the condition of two ships in drydock this year, one is in the water and contract starting the end of May. The other ship won't hit the water until August...they are trying to find contracts for August, but might look to sell it as is or scrap. They would replace it with one or two boats 2000 or younger.

No plan for dividend.

Thanks for the update....anyone else holding shares of OCNF and if so, your plan? I have both PRGN and OCNF...Have no idea what I'm going to do. My gut says sell at least half of it today, but I think these things are so under valued it's difficult not to get too greedy.

I am long with my 500 shares, I will set a trailing stop sometime today.

 

[eoMMan]

Banking half my shares hopefully @ 6.00

I just got done putting in my order of selling half of my shares at $6.10 and saw that it went up to $6.16.I feel good holding on to some shares.

 

[Harris]

Locked in now at 3% trailing-stop for PRGN and $0.12 trailing-stop for OCNF. HIGHER BABY, HIGHER!

750 PRGN SOLD @ $6.0541

 

[Cavalier]

I'm all out. Thanks Dodds. :mansion: I will look to get back in if it falls, hope it does for the guys still riding it.

 

[Penguin]

My remaining 1500 gone at $6.15

 

[NYG Endzone]

Sold 1/3 of my positions at $5.91 - was a 5% trailing stop

 

[Mose]

now that I'm in all cash...bring on the so called market correction!

 

[David Dodds]

They are just shaking out the little guys right now.....but I am getting closer to exiting

 

[analog_hiss]

American Petroleum Institute reports inventories fell 4.5 million barrels last week.

Energy Department's Energy Information Administration report later today.

 

[pack100]

Out of Both OCNF and PRGN. It has been a rollercoaster. THX

 

[Random]

Congrats guys. Been a hell of a two week ride for us (bummed I didn't hold for earnings but happy for those that did). Anything else on the horizon Dodds?

 

[Mose]

They are just shaking out the little guys right now.....but I am getting closer to exiting

They shook me right on out! Thanks again, David. Boob pics will be in your PM box sometime next week.

 

[David Dodds]

BDI up a little bit. Last year the BDI peaked on 5/20

Baltic Supramax 1,853 (+1.04%)

Baltic Handysize 856 (+1.42%)

Baltic Dry 2,665 (+0.79%)

Baltic Capesize 3,767 (+2.90%)

Baltic Panamax 2,462 (-2.69%)

 

[#@%&$!?]

Any useful news bits from the PRGN conference call?

 

[Buckna]

FEED gapped up slightly this morning. Closed above the 200 Day MA yesterday and the 20 day MA is getting very close to the 200 day MA. This is known as a golden cross if it happens and is usually a very bullish sign.

 

[Otis]

I can't decide whether to sell or hold here as we near 6.05-6.10 again. Seems to me there's no reason to run for the hills, but some profit is nice.

 

[David Dodds]

Volume on PRGN =2.44 Million shares. Average volume = 1.03 Million. Market has been open 36 minutes.

 

[Otis]

Put in a trailing stop sell order at 0.25 points just in case something terrible happens during my commute. Hopefully with this insane volume it keeps running.

 

[David Dodds]

Any useful news bits from the PRGN conference call?

They had to postpone it a bit because people kept yelling....We're rich. We're rich. Staring back up now.

 

[The Ref]

Any useful news bits from the PRGN conference call?

They had to postpone it a bit because people kept yelling....We're rich. We're rich. Staring back up now.

 

[The Ref]

Name	 Shares 	 Profit @ 6.05 David Dodds 	 10,000 	 $20,000 The Ref		2,500 	 $4,900 Penguin		3,000 	 $4,800 Mose		2,000 	 $3,700 Fodasme69	 2,500 	 $4,150 Jene Barmel	 3,200 	 $6,880 DALALA77		2,700 	 $5,454 burritobrother	 1,000 	 $1,510 *&^$^@	 1,000 	 $2,080 Cromedog		2,000 	 $4,180 Total		29,900 	 $57,654

 

[Cavalier]

Any useful news bits from the PRGN conference call?

They had to postpone it a bit because people kept yelling....We're rich. We're rich. Staring back up now.

 

[David Dodds]

Sold 5,000 shares at $6.15...I think it's going higher though, but just too big of a win to screw around here. I have the other 5,000 set to sell at 6.25

 

[The Ref]

I just put a stop loss in for 2K of my 2.5K shares at 5.90. I think this has legs so I have decided not to sell for the time being.

 

[DALYLA77]

Sold 5,000 shares at $6.15...I think it's going higher though, but just too big of a win to screw around here. I have the other 5,000 set to sell at 6.25

David, curious if you are buying more if it drops into the 5s again?

 

[Buckna]

PRGN pulling back a little. Bought 1,000 @ $5.80. Probably too late to the party, but we'll see.

 

[St. Louis Bob]

DXO @ $3.77

Pardon me, I'm going to go jump off a bridge.

 

[None_More_Black]

Shippers are a rocket ship!

Sold 1000 sblk at 5.05 in at 2.95 (still holding 1000 for earnings)

Sold 1000 PRGN at 6.11 in at 4.15. (out of this position)

Holding DSX long term.

If only I bought more sblk last week. It traded at 3.00 a week ago.

 

[Buckna]

Couldn't resist. Added another 1,000 shares of FEED @ $4.81

 

[analog_hiss]

American Petroleum Institute reports inventories fell 4.5 million barrels last week.Energy Department's Energy Information Administration report later today.

EIA says inventories dropped by 2.1 million barrels.

 

[Lord of Football]

DODDS!!!!!

 

[David Dodds]

added 3,000 PRGN at 5.82

 

[St. Louis Bob]

American Petroleum Institute reports inventories fell 4.5 million barrels last week.Energy Department's Energy Information Administration report later today.

EIA says inventories dropped by 2.1 million barrels.

GERONIMO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

[David Dodds]

added 1,000 DRYS at 6.94

 

[The Ref]

Out of 2000 PRGN @ 5.91.

Profit of 3,620

Still have 500 PRGN paper profit of $850.

 

[itriple]

Back in PRGN 5000 shares at $5.60.

I sold too early yesterday afternoon. But still love it at this price. Will sell if it hits $6.25 again.

 

[itriple]

Back in PRGN 5000 shares at $5.60.I sold too early yesterday afternoon. But still love it at this price. Will sell if it hits $6.25 again.

Wow just like that $5.81

 

[Otis]

Got stopped out of PRGN earlier this morning. Back into that and DRYS for 1k shares each on the cheap here. Go go gadget dry shippers.