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$10.14 -1.49 (-12.81%)
10/6/2008 4:00 PM

Eagle Bulk Shipping, Inc. (EGLE)

CAPS Rating:
***

The Company is engaged in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.

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Avatar kolo82 (< 20) Submitted: 5/07/08 5:42 PM : Outperform Start Price: $32.34 EGLE Score: -43.55

This stock is an awesome buy! With the economy in this country becoming more and more global, the need for the shipping of resources and fright will become greater. This is a growing company and is on the right track to become great. With 20% growth in 2007 and $5.10 a share this is an excellent buy. Eagle bulk is also one of the leading companies among dry bulk companies. Also construction growth across the world has increased almost 40% from 2006 to 2007; this contributes to the need for global shipping. Enjoy and invest!

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