RSS 2.0Atom
To add an specific blogger’s feed, simply go to their blog and click on their individual RSS link.
Going out with the tide.
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.
Ahoy mates, May all the sharks you meet have already eaten, have full bellies, and friendly dispositions. The Dow make a big turn-around in the last few minutes of trading today and closed up 150 points. Shipping wasn't able to make that turn. It takes the big boats a bit more time to turn around. Crow's Nest lost about 1.27% today and finished with a NAV of $9.96. The shipping industry is made up of 4 main sectors: containerships, tankers, drybulk vessels and gas carriers. The stock I'm blogging on today doesn't fit any of those categories and is a wee bit out of place in the Crow's Nest. It's Tidewater Inc. (TDW), a supply and support service company that services the offshore oil industry. It's also one of the few American companies in my fund. The company has 650 specialized vessels, the world's largest workboat fleet, to get the job done. Tidewater has great fundamentals: A P.E. of 10.70, increasing sales and income growth, a net profit margin of more than 32%, and no debt. Today the company reported 1st quarter profits up 23% and the stock was beat down - losing $2.04 (2.98%). ??? No matter. It's a keeper. The stock is still up over 40% YTD. Tidewater is one of my top tier stocks. A very astute observer of my fund portfolio will see that my initial investment into the various shipping sectors is divided up as follows: 45% Drybulk Robert | ||
