OceanFreight, Inc. (NASDAQ:OCNF)

CAPS Rating: 3 out of 5

The Company was formed to initially acquire a fleet of seven secondhand drybulk carriers engaged in the seaborne transportation of commodities.

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Player Avatar Dalmanfsu (74.19) Submitted: 10/30/2008 7:31:49 PM : Outperform Start Price: $126.00 OCNF Score: -127.27

This stock is ready for a rise. With the big fat Dividend, good balance of expenses and profit, and long term income, I like this one for the long haul. In at 6.16 and ready to ride the way and collect my dividends!

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Member Avatar Francorp (< 20) Submitted: 5/22/2009 2:01:33 PM
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I am very bullish for OCNF. Big buy at current prices, seems like no where to go but up from here.

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Member Avatar Rchiz (< 20) Submitted: 5/26/2009 4:18:38 PM
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How's the ride so far?

I would love to buy in now but I'm running a little scared. Does anyone know how this company is performing vs. competition as a service provider? With retail sales starting to look up shipping should start to pick up...

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Member Avatar garypalys (< 20) Submitted: 11/26/2009 10:21:38 PM
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This company hasn't paid a dividend since October 2008, so don't buy it for the dividend.

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