ALL Small Shipping stocks are ONLY used for day trading when they are Hot.
That's it. You'd be better off putting a match to your money than holding them long term.
Shipping stocks have wiped out millions of Newbie accounts.
Professional Money Burning Stock Market SCAM.
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Agreed. SHIP has had 20 or so offerings and now an RS just to do more offerings and the cycle continues. I am surprised this stock still gets volume