Tuesday, October 22, 2013
ESEA - Euroseas Ltd.
Baltic Dry Ship Index on the Rise as Well as Some of the Stocks. We Found one Ready to Go on a Nice Pullback. Remember We Alerted You all to the Solar and Steel Sector Reversals and See the Same with the Dry Ship Sector! See Charts Below
ESEA - Euroseas, Ltd.
Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 140 years. Euroseas trades on the NASDAQ Global Market under the ticker ESEA since January 31, 2007.
Euroseas operates in the dry cargo, drybulk and container shipping markets. Euroseas' operations are managed by Eurobulk Ltd., an ISO 9001:2008 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements.
Euroseas has a fleet of 14 vessels, including 3 Panamax drybulk carriers and 1 Handymax drybulk carrier, 3 Intermediate containership, 5 Handy size containerships and 2 Feeder containerships. Euroseas 4 drybulk carriers have a total cargo capacity of 262,074 dwt, its 10 containerships have a cargo capacity of 17,587 teu's.
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As Always: Our Number 1 Priority is to educate. Always do your own Due Diligence.
Sources: http://bloomberg.com - http://finance.yahoo.com - http://businessweek.com - http://otcmarkets.com/marketActivity/current-otc-market
(these are only sources and not always up to date)
If you are new to trading stocks we strongly advise you to spend some time trading virtual money. They say that “You never really become a real trader until you wipe out your portfolio.” We say take that wipeout while not losing your real money.
Here are a few sites where you can easily set up a virtual account:
First check your broker. Some have them already like TD Ameritrade/Think or Swim
Manic Stock Alerts received no compensation for ESEA