Not a chartist but a skeptic. Depends on the market/BDI. I think that since FREE may do another secondary (see Oct 23 press release) this stock will fall faster than other bulkers if/when the market tanks. I think it will also be slower to recover for the same reason. Even if they are not really planning on it people like me are worried about it anyway. Also I think they are more likely to delute since they brough the CFO from DRYS over. His transfer and the Oct 23 news of a secondary were within days of each other. So they have a guy as CFO who knows quite a bit about delusion, should FREE want to go that route. Is that just a coincidence? Maybe. Maybe not. Not saying a CFO causes delision, just that this particular guy and his background signal what tools FREE plans to use in the future.

Althouth truthfully I think I am the only one on this board who feels the new CFO is a bad omen.