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Message Boards Settings Eagle Bulk Shipping, Inc. - Quote Info
Daily Chart Analysis      8-Nov-09 09:50 am    
I certainly may be wrong on this and not bashing or trying to scare anyone, but the indicator patterns turned to what looks to be most likely indicating the stock price going lower from here.
On the positive side the patterns are near the bottom, so time wise if that does happen, it probably will bottom out within about a week. I have also seen this pattern reverse and not occur, but more often continues down.
Just an opinion, not fact, so make your own decisions.
Fundamentally, I think the earnings may have bottomed this quarter and begin to improve in coming quarters, I also think the real PE is now closer to 10 from this and the next 3 quarters and on a fundamental basis may be fairly reflected in the stock price at these levels.
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kkatz2000

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Daily Chart Analysis
kkatz2000 (1 Rating) 8-Nov-09 09:50 am  
 
On the positive side the patterns are near the bot...
sayuthink Rate it 8-Nov-09 11:38 am  
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Eagle Bulk Shipping, Inc. (EGLE)

Chart for Eagle Bulk Shipping, Inc. (EGLE)
On Dec 4: 5.76 Down 0.03 (0.52%)
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