BALTIC TRADING LIMITED

CUSIP: Y0553W103 Class: CMN

Baker Avenue Asset Management, LP's Holding History (CIK: 0001432529)

Note: Option positions (PUT/CALL) are excluded.

Q2 2015
Shares 40,000 Value ($000) $64 Avg Close — Range —
Q1 2015
Shares 107,680 Value ($000) $160 Avg Close — Range —
Q4 2014
Shares 158,244 Value ($000) $397 Avg Close — Range —
Q3 2014
Shares 149,986 Value ($000) $621 Avg Close — Range —
Q2 2014
Shares 144,070 Value ($000) $862 Avg Close — Range —
Q1 2014
Shares 120,300 Value ($000) $759 Avg Close — Range —