Performance Shipping Inc (DCIX) News

Round# 2 leetss go

Breakout !!

*dcix

Dciz .68 ** watch for break

i meant they don't lose themselves. just switching from left hand to right hand of owner.

looks like they are paying more than what the ships are worth, then writing the excess off, thus inflating the actual loss. Buying and selling among related parties so they lose themselves. crooks, SEC must disallow this kind of reporting.

what is included in the impairment charges?

Reverse split coming guys. Put a fork in it.

Yep
Waiting until the 26th fins come
Will tell all

This means that they issued 13mil of shares? Dilution never ends here

* * $DCIX Video Chart 10-04-2019 * *

Link to Video - click here to watch the technical chart video

Great. Another posted loss on the paper

News: $DCIX Performance Shipping Inc. Announces the Sale of a Post-Panamax Container Vessel, the m/v Pucon

ATHENS, Greece, Sept. 27, 2019 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agr...

Find out more DCIX - Performance Shipping Inc. Announces the Sale of a Post-Panamax Container Vessel, the m/v Pucon

They have 180 days to comply and another 180 day extension if needed. All we need is another 4-6weeks. Plus if the shipping pump keeps them over a dollar for long enough they may get back in compliance. In my opinion they have much to gain by positive press releases to keep them above a buck for at lest 10 days. This one may be the better pick for shipping season.

These suckers might even pull a RS...
Cant trust them ... but holding

Well boys, you can wait last minuet or you can get in now. Shipping season is coming. This sucker is gonna pump and then dump soon. If you get in now you’ll have a fighting chance. I loaded this week on this one and some other shippers. Don’t wait till it’s too late.

In .82 here

No one here.... dcix cathing all off guard tomorrow...? Hope so

Performance Shipping Inc. Announces the Date for Reporting the 2019 Second Quarter Financial Results

Diana Containerships Inc. (NASDAQ:DCIX)
Historical Stock Chart
1 Month : From Jun 2019 to Jul 2019

Click Here for more Diana Containerships Inc. Charts.
Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that its financial results for the second quarter ended June 30, 2019 are scheduled to be released before the opening of the U.S. financial markets on Monday, July 29, 2019.
About the Company

Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s current fleet of vessels are employed primarily on time charters with leading charterers.

Corporate Contact:
Ioannis Zafirakis
Director, Chief Strategy Officer and Secretary
Telephone: +30-216-600-2400
Email: izafirakis@pshipping.com
Website: www.pshipping.com

Investor and Media Relations:
Edward Nebb
Comm-Counsellors, LLC
Telephone: + 1-203-972-8350
Email: enebb@optonline.net

Getting near

Tic toc . 28th is near dcix

Trying to get back above $1

Dont think so.. this year shipping will be up.. most companies healthy and growing.

Dcix back to 2s beoy imo
Loading all i can .. !

Thinking it might be awhile here?

Finaly some good news but with dilution.. will this ever go up . Lol

Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by Its Chairman
Date : 06/11/2019 @ 9:20AM
Source : GlobeNewswire Inc.
Stock : Diana Containerships Inc. (DCIX)
Quote : 1.0028 -0.0272 (-2.64%) @ 9:40AM

Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by Its Chairman

Diana Containerships Inc. (NASDAQ:DCIX)
Intraday Stock Chart
Today : Tuesday 11 June 2019

Click Here for more Diana Containerships Inc. Charts.
Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), today announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party seller for a total purchase price of US$60.0 million. The transaction was unanimously approved by the disinterested members of the board of directors of the Company.
The Company will acquire the two entities affiliated with the Company’s Chairman and Chief Executive Officer, Mr. Symeon Palios, for an aggregate purchase price of US$10.0 million, which will be paid in common shares of the Company at a per share price of US$1.05, which is equal to the undiscounted closing price of the common stock on the NASDAQ stock exchange on June 7, 2019. The US$10.0 million purchase price of the two entities is equal to the deposit previously paid to the vessels’ seller by the affiliates of the Company’s Chairman. The balance of the purchase price payable under the contracts is expected to be funded through cash on hand and bank financing. The first vessel delivery is expected in the third quarter of this year and the second in the fourth quarter.

Commenting on the transaction, the Company’s Chairman and Chief Executive Officer stated:

“I am excited to be able to offer this attractive opportunity to purchase high-specification Aframax tankers to the Company at what I believe is a favourable time in the tanker industry cycle. The acquisition of these vessels represents an important step in the Company’s diversification from the container industry into other areas of the shipping sector. The sale of these contracts for common shares of the Company reflects my view that now is an attractive time to invest in the Company as it starts to rebuild its fleet.”

Following the closing of this transaction, the Company will have 36,277,660 common shares and another 2,000 Series B-2 Preferred Shares issued and outstanding. Upon completion of the above-mentioned entities’ acquisition, the Company will own 4 unencumbered containerships, 2 contracts to purchase 2 Aframax tanker vessels, for which US$10.0 million have been paid as deposit, plus approximately US$17.0 million of cash.

About the Company

Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of vessels. The Company’s current fleet of vessels are employed primarily on time charters with leading liner companies carrying containerized cargo along worldwide shipping routes.


Corporate Contact:
Ioannis Zafirakis
Director, Chief Strategy Officer and Secretary
Telephone: +30-216-600-2400
Email: izafirakis@pshipping.com
Website: www.pshipping.com

Investor and Media Relations:
Edward Nebb
Comm-Counsellors, LLC
Telephone: +1-203-972-8350
Email: enebb@optonline.net

Boom . DCIX news out !

Yes, strange drop there...Just blame it on being EOD on a Friday I guess... We will see next week...GLTA

Weird drop eod... holding it back. Volume looks good. Someone is loading

Like to see it close above the 50ema here tomorrow... See a bounce coming here...

Nice green day tomorrow imo.
Going to rest around the 120s soon

80 k bid at 1.08.. lets break 1.12
Next level very near

Dcix

Looking good here

Could close out the week strong. All shipping hit bottom and bounced.

Dcix .... held tight imo

Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2019

https://ih.advfn.com/stock-market/NASDAQ/diana-containerships-inc-DCIX/stock-news/79887044/performance-shipping-inc-reports-financial-result

Volume is on the rise, gonna pop soon !

BUY!

Doubled my position at these levels.

Dcix ready

1.10 I think this will run soon

Bought some 1.11

Where did you get that rumor....?
I woupd think th3y have been buying back for a while now. Imo

Dcix will see 3 bucks and more again.... money is park3d safe . All imo

Dcix

rumor has it that the company buyback of shares starts tomorrow. If not, I'll give it a few days and then sell, I don't have patience for this crap, there's plenty of other opportunities out there.

Yes . Its setting up... need it to kick into gear.. would be really nice if perfomance shipping announce any new development s since switching over etc.. quiet so far and still way undervalued .

Dcix

DCIX Daily Chart: Ready to have a bullish cross of the 50/200dma... looking bullish here...

Oh yea I have no doubt a run is imminent. I will slowly be adding more next week

Shipping stocks will get interesting very soon .. i see rate popping up .. lots of action going on in the world...

Last dcix agreements expiring soon .. will loock in spot rates .

Hilding and loading at these bottom levels

Hmm sounds like a retail group of newbies missing on a earnings run up and now throwing the next "rumor" out their hoping it sticks like that one or two in the past they got lucky on.

You haven't sold for loss yet so why be mad? If you do lose maybe next time know what your buying first. DCIX as all Greek shippers are no place for getting lucky. You buy stock here you better be prepared that more than likely you will lose a significant amount. About high risk/high reward as you can get.

There is a potential trade here for me based on my own dd. I know the risk and only myself to blame if I lose.

I dont expect a run up Monday but you never know with shipping sector. It can run based on nothing and is overdue really. If the company follows up earnings with a positive pr it will def move. But the Greeks can hand you a RS notice Monday and you lose 50% in seconds. Who knows!

well now I am hearing the buying will begin monday. Whose "these people" are I dont know but it's enraging to say you're going to do something and not followthru. My buddy who passed on the message to me is also not happy about it either. Anyway I'll give it a few days, starting with Monday, and if no movement, then sell.

I day results arrived. We are not in a very favorable situation and these last 4 days have seen a lot of sales + purchases. A bit like a phase III biotechnology result, some do not "play" the results and prefer to leave the ship before the predictable plummet?
I like this situation and apart from a capital increase that will dilute us, I'm not afraid to wait for the shipper season in October. If I am doing well here, I do not think of taking back shares of a shipping company because they often (too often) call on the market to survive.

I have only one wish it is an official announcement of end with KALINI and that the company repurchases actions. (But that, I do not believe 1 second!)

We have never been able to exceed $ 1.23 in recent weeks so we must consider that today with the announcements of Trump confirming the increase in customs duties with China, we will not seek $ 1.30!

I have a thought for those who have a cost above $ 1.50 because they are, I think, not ready to get out of here.

Anyway, we will be fixed in a few hours. Good luck to all in your investments.

Lol unless someone has insider information it's all a guessing game.

No, not posted anywhere, but rather a conversation with an investor friend who got the information from someone else that was supposed to be reliable. Normally I dont do this but made an exception, sort of pissed about it. Since I don't know the source persay I dont have a lot to stand on unfortunately, but evidently they were right before it spiked in the past year.