FREE is Hyper Oversold today and has already bounced to 0.0406 now!  The 52-week high is $70.84 v.s. at the joke low $0.0406 now! The ratio of Price over Book Value ($5.61 per share) is the lowest one among all the Same Industry Nasdaq peers! The Cash Value is $0.04 per share!The Enterprise Value is $18.31M!

FreeSeas is a premiere, global commercial shipping company transporting iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes.
With a dynamic management team focused on shareholder growth and an active presence in the capital markets, FreeSeas has positioned itself to capitalize on the emerging drybulk industry.