DCIX

Diana Containerships Inc.

neobliviscar: Go baby go. You and I exchanged on this before. I sold 12.5% (1000 @$5.92). Keeping the rest for the $6-$6.75 range and div.

Joseph P. Porter: Sounds like a plan - the Q2 report should undo some of JM's handiwork, and the div should bring the value up. My portfolio is happy.

Joseph P. Porter: Maybe 20 - 25 cents would have been a bit more appropriate than 30. 15 is a bit low, but would be more sustainable, for sure. It's their $$

J Mintzmyer: It's only sustainable if paid from cash flow. They broke their own dividend payout rules. Article is out now, look forward to your comments.

neobliviscar: Ja mata. Let me frame it then. The stock is only up +10% this week. It was up +11%, except for that Charlie Sheen Violent Torpedo of Truth.

Joseph P. Porter: P.S. I'm long DCIX.

Joseph P. Porter: Actually, eps is $0.22 ttm. And I mean don't cut it completely. I'll take half. I'll take a third. Even 1/4 is a yld of 6%.

Joseph P. Porter: The glass is half full, the glass is half full, the glass is half full, the glass is half full.

Joseph P. Porter: As for NMM, nice company, I guess, but they aren't liquid enough to cover current expenses. This is a worry for me.

Joseph P. Porter: If $DCIX gets down below $5, I buy. They should not be stopping their div, but might cut it. I'd be happy with a 10% yield.