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$6.81 -0.68 (-9.08%)
10/10/2008 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 tanalexd (< 20) Submitted: 6/14/08 5:22 PM : Outperform Start Price: $26.86 EGLE Score: -39.58

Suffered huge down days in the entire dry bulk index. Those who say they're experts say this is a temporary situation. Because of the situation in China, they've decided to use their own iron ore stores. However, they supposedly have only a 3 week store before they'll need to import again.

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