Rumors of Bankruptcy False on Paragon Shipping Inc.

Rumors of Bankruptcy False on Paragon Shipping Inc.
Paragon Shipping Inc. (NASDAQ: PRGN) today debunked a statement calling a February 18 Tradewinds report stating its board of directors had approved a Chapter 11 bankruptcy filing “totally untrue”, sending the stock soaring to a high of $3.94 from a day low of $2.22 and settling at $2.64 at market close. Paragon Shipping Inc. is an international shipping company specializing... Read More