Seaspan Corporation Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares SSW.P.I

Incredible

[tzvkum]

been with this stock for years. Watching it tumble day by day by 4 to 5 % Absolutely nuts. You'd think they were intimately intertwined with Hanjin.

[kdess]

Nice to see a post here ! Not too many people follow this company. I too have been a holder for many years & at this point continue to hold for the divvy, though the stock prce depreciation is painful. What will it take to stop the fall?

[redcoats]

Many years myself. Although I've been in and out. This stock is like a wave with it's ups and downs. Buy low, collect great divvy, sell high. Wait. Buy low...

[Allintime1]

Never seen this company before I read your posts. Checked it out. Bought 2000 shares. Hope to make some money on it

[redcoats]

If you're still in, you should see almost C$1000 in your account today. I've been steadily buying. It's being Trumped right now, but that will change. Extremely good buy right now.

[tzvkum]

do you mean from the dividends? This Morgan Stanley report was crazy. Sell Seaspan buy costamare.... Why do they omit the fact that seaspans contracts are long term and should be able to ride out this wave of unease in the shipping industry....

[redcoats]

It's not about Hanjin. Well fewer than half their ships are even being used right now. How bad can that be. It's not about contracts. As you know, SSW has on average, over six year contracts on their fleet. The elephant in the room is Trump, and the threat of import taxes. What's strange, is that it seems to be affecting SSW's share price more than anyone else's. The reality is