http://www.shippingstocksblog.com/2009/03/paragon-shipping-year-end-results/ by Tim Plaehn Mon, 03 May 2010 06:23:51 +0000 hourly 1 http://www.shippingstocksblog.com/2009/03/paragon-shipping-year-end-results/comment-page-1/#comment-40 planetim Wed, 25 Mar 2009 19:07:28 +0000 http://www.shippingstocksblog.com/?p=211#comment-40 I think all of us holding shipping stocks feel that way. I think all of us holding shipping stocks feel that way.

]]> http://www.shippingstocksblog.com/2009/03/paragon-shipping-year-end-results/comment-page-1/#comment-39 grgy Wed, 25 Mar 2009 16:15:34 +0000 http://www.shippingstocksblog.com/?p=211#comment-39 As PRGN has a fairly strong balance sheet, I was shocked by a 90% cut in the dividend. I'm assuming that they are concerned with their 2010 TCE and thus need to conserve cash. Whatever they're strategy for success is, I hope it's a good one. As PRGN has a fairly strong balance sheet, I was shocked by a 90% cut in the dividend. I’m assuming that they are concerned with their 2010 TCE and thus need to conserve cash. Whatever they’re strategy for success is, I hope it’s a good one.

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