Teacherman1 (49.23) Submitted: 6/19/2012 11:18:47 AM

Recs: 0

Reposting pitch from yesterday with a correction to the dividend boost from DCIX, which was 20%, not 25%.

"Actually in at $2.40, but have only about 25% of what I want for the longer term.

Will likely wait for a really great EuroPanic day to add some more.

We will likely have some more of those over the summer.

They will be getting a 20% dividend boost from their stake in DCIX to help them out.

This is one of the best bulk shippers around, and they will reinstate their dividend at some point.

JMO and worth exactly what I am charging for it"

Teacherman1 (49.23) Submitted: 7/13/2012 12:29:29 PM

Recs: 0

Bought a little more on the dip, so now in at $7.25.

This is a longer term investment and there will be ups and downs along the way.

My plan is to hold on the ups, and buy on the downs.

Don't forget, they get dividends from DCIX to help "offset" some of the lower charter renewal rates.

A good solid company that will still be around after the "shipping shakeout".

JMO and worth exactly what I am charging for it.

Teacherman1 (49.23) Submitted: 7/26/2012 2:52:56 PM

Recs: 0

Bought some more, so now in at $6.92.

Have about 75% of my target position, so will wait and watch for awhile.

I expect this will come back up in the not to distant future, but if not, it is still a good longer term hold.

JMO and worth exactly what I am charging for it.