FreeSeas, Inc. (NASDAQ:FREE)

CAPS Rating: 3 out of 5

An independent commercial shipping company that operates in the drybulk shipping markets through its three wholly owned subsidiaries: Adventure Two S.A., Adventure Three S.A. and Adventure Four S.A.

Recs

2
Player Avatar tobywan (28.19) Submitted: 12/13/2013 12:33:27 PM : Outperform Start Price: $1.12 FREE Score: -105.46

Just a shot at long term hopefullness. I'm not looking at the stock in terms of market indicators but as how I perceive the company. I like shipping companies, a lot, they are one of the most underated industries considering how necessary they are to our way of life. Free seas isn't anything special but they have a plan for removing debt, increasing revenue and changing leadership. I believe they have reached their low following the reverse split and while such splits don't typically bode well for a company their immediate investment in new revenue building assetts builds a sense of trust.Again this is just a hopeful gamble by a novice/beginner

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Member Avatar john603 (61.27) Submitted: 1/1/2014 7:20:13 PM
Recs: 0

Nice comment. From the heart. I agree with you. Remember how Erin B on CNBC followed it?

Member Avatar tobywan (28.19) Submitted: 1/14/2014 11:04:53 AM
Recs: 0

Thank you, I haven't kept up with stock shows in a long while but it's always nice to hear something I have money in is being followed by the pros ;)

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