Seanergy Maritime (NASDAQ:SHIP)

1Landmark (< 20) Submitted: 1/12/2011 12:23:48 AM : Start Price: $14.25 SHIP Score: -118.63

Waiting for an uptick... it may be a little early but don't want to miss the boat

APPLERD (30.42) Submitted: 11/11/2010 10:52:00 AM : Start Price: $17.85 SHIP Score: -128.46

P/B, Interview with CEO at website, Growth Potential

johndoe31 (< 20) Submitted: 10/21/2010 10:36:47 PM : Start Price: $18.45 SHIP Score: -132.16

the shipping industry,will pick up sooner then most ,think.check trucking & rails which will support this view.watch this stk and prgn

jed71 (29.90) Submitted: 7/2/2010 3:27:01 PM : Start Price: $16.80 SHIP Score: -149.32

The market is really giving them no love. This is a spec play on my part, but its fallen so far, I figured why not give an up thumb to this reviled shipper? What could POSSIBLY go wrong? [the name DryShips is ringing in my ears] :)

Book value at .25 times - this seems very cheap. And probably for good reason - they have a pretty substantial debt load ($300MM) and generally speaking, not the greatest balance sheet. BUT... they do have good operating cash flow for their size, and have been able to generate a decent operating profit during a pretty rough macroeconomic period. I could get burned by this, yes, but it's fallen so far, it was too tempting to pass up. We'll see how well it plays out.