Jeff Parent B. Eng. FCSI CIM Paragon Shipping Inc. PRGN-Q BUY Feb 11, 2009

Stock looks good and is in the right price range. Bottomed out in Nov-Dec and is forming a nice upward trend. Bit of an uptick in the Baltic index, which may be companies that Are running out of stockpiles and need new shipments. Might be just a short-term uptick. Could see $7 on the upside but would want to be out at $5.

Jeff Parent B. Eng. FCSI CIM

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Jeff Parent B. Eng. FCSI CIM Paragon Shipping Inc. PRGN-Q BUY Feb 11, 2009

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