Deep value, event-driven, small-cap

Baltic Trading Limited: A Quick Double If Shipping Rates Cooperate

Current Price: $6.58

Price Target (YE14): $12.50

Baltic Trading Limited (NYSE: BALT) is a drybulk shipper with a fleet of fifteen ships. As has been well documented, the shipping industry has been in a state of disarray since 2009 as the market has worke...

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