Wade Reese
Recent Posts
Monthly Archive
RSS 2.0Atom
To add an specific blogger’s feed, simply go to their blog and click on their individual RSS link.
February 2008 Archives
Dry bulk shippers
Rating: not yet rated
Vote: 
InvestorPlace Blogs is powered by Marketocracy. Marketocracy has authorized Investor Place Blogs as an official registrar for voting through Marketocracy's Investment Research Rating service. Registered members of InvestorPlace Blogs are linked with a Marketocracy account to establish voting power based on their performance of trading and posting on stocks.
There is no denying that Dryships( DRYS) has had a great run. I watched it move above the $30.00 range less than a year ago so sure it would never see $40.00. Wrong again! If you were in then and stayed the course you had a nice ride to the $131.00 level. My favorite in this sector is TBS International (TBSI) now inching up on the $40.00 mark. If the tanker sector maintains its present strength, TBSI could possibly see its 52 week high of $71.15 before DRYS gets back on top. I am not against "bottom fishing" on a sunny day, so I am not going to take my eyes off of Top Ships (TOPS.) With the class action behind them and the addition of another vessel we could see some upside here sooner rather than later.
| ||
