A company that does not need any more bad news got some in the last week when the Greek bulker owner plunged a further 38%, making it the biggest loser in TradeWinds’s weekly stock tables.
Even before the drop, FreeSeas was fighting for its life as a publicly listed company in the US. The company disclosed in late June that it was being threatened with a delisting by the Nasdaq for the second time in less than a year.
The
