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Baltic Trading Limited (BALT) [hlAlert]

Rating:
Buy BALT
down 14.35 %

Baltic Trading Limited (BALT) rated Buy with price target $6 by Global Hunter Securities

Posted on: Tuesday,  May 22, 2012  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Baltic Trading Limited (NYSE: BALT) on 05/22/2012, when the stock price was $4.11. Since then, Baltic Trading
Limited has lost 14.36% of its value until Global Hunter Securities rated BALT Neutral on 04/17/2013, when the price was $3.52.
If you would have followed this Global Hunter Securities's recommendation on BALT, you would have lost 14.35% of your investment in 330 days.

Baltic Trading Limited owns drybulk vessels. The company trades in trip charters and vessel pools in the spot market. Baltic Trading Limited was incorporated in 2009 and is based in New York, New York. Baltic Trading Limited operates as a subsidiary of Genco Shipping & Trading Ltd.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/4/2013 9:25 AM Buy
None
4.59 7.00
as of 12/31/2012
1 Week down  -5.09 %
1 Month up  3.11 %
3 Months down  -7.73 %
1 YTD down  -27.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2013 10:25 AM Hold
None
3.52
5/22/2012 9:25 AM Buy
None
4.11 6.00

(*) Stock Price at the time of the recommendation.
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