possible...would be a good fit for BDI....numbers are very similar...Horizons forward PE is really cheap at 8.14 and the yields are about the same....what really stands out about Horizons North Log is the CASHFLOW which is much higher than BDI...HNL is 112,911,000 compared to BDI at 98,929,000 so the price to cashflow for HNL is really cheap at 5.81....also BDI has cash to buy with...would be an opportune time to swoop in and buy and build one strong company and save with synergies....good luck to all...BB28