Does NOT know what this paragraph means:

"An average of 47 vessels were operated during the third quarter(s) of 2009... earning a blended average time charter equivalent rate of $21,912..."

In Q2 the number was:

"An average of 47 vessels were operated during the second quarter of 2009 earning a blended average time charter equivalent rate of $22,148 per day compared to $33,325 per day for the second quarter of 2008 earned by an average of 42.2 vessels."

If you guys want, I can tell you how to read an income statement and what numbers are real, which are vapor and which matter to you, as a permabull.