Steven Reiman
Long/short equity, value, research analyst, small-cap

StealthGas: Is It Time To Buy This Growing Shipping Company?

My first article for Seekingalpha was published almost exactly two years ago and was about the substantial discount that a Greek LPG shipping company was trading at in relation to its ability to generate cash. The company, aptly named StealthGas (NASDAQ:GASS), operated in a niche market that had not fallen victim to the mass oversupply problems that other shipping sectors were experiencing and as such, was able to continue to hire out its ships and generate substantial cash flow.

Since writing about the company, StealthGas has appreciated substantially and while I booked some gains, I kept my streak of consistently selling too early alive by selling at a price much lower than the current 10.30 price. The main...

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