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Bloomberg article: BDI may surge 82% perfect play is FreeSeas,Inc FREE

|Includes:FreeSeas, Inc. (FREEF)

Bloomberg article says Baltic Dry Index (BDI) may surge 82% before years end.

Source: Baltic Dry to Jump on Chinese Bulk Demand, Cosco Says (Update2) -

and FREE - FreeSeas, Inc. may benifit could rally in short time

The market was weak today, but most shipping stocks were up because the BDI is coming off of a bottom.

FREE's technical chart suggests a consolidation period has ended and an uptrend has formed, uptrending from technical support areas.

Looks like this stock may have hit bottom and headed up soon.


Stocks: FREEF