Safe Bulkers (NYSE:SB)

CAPS Rating: 3 out of 5

Recs

3
Player Avatar DistressedCaps (41.15) Submitted: 11/20/2008 2:47:59 PM : Underperform Start Price: $3.61 SB Score: -93.58

Sinking even faster than other dry bulk shippers, the price of this Greek microcap has plummeted more than 80% and is losing money so fast that it seems ready for oblivion. Bail out while there's still time!

Member Avatar DonkeyJunk (33.22) Submitted: 3/5/2014 4:22:23 PM
Recs: 0

Sell low, buy high, right? You tapped this at the nadir. How this wasn't a real portfolio purchase.

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