It’s been pretty dim for the shipping industry since 2009 and one sector that has lagged in the recovery epically shippers associated with the BDI. However, the recent rise in shipping rates has me scratching my head and wondering is this going to be a yoyo or something that will be trending higher. If the increase rates (hold or move higher) this could be great news going forward especially in 2014 when you’ll see the true results in quarterly earnings if the BDI continues its current path. [more]
Need I say more, as the fed’s move to stabilize the economy these banks will prosper and the returns will be well worth the ride with an investment. (IMO). I more than doubled my initial investment within 18 months with RF. If the fed’s hype the rates-these banks have but nothing to gain and the ticker symbols are abundant to choose from. [more]
More analysts are covering this company with a market cap of 433 million than some of its larger cap piers and/or competitors that have more success. So, there must be something to rhyme with this reasoning.
I guess I’ll dig deeper.
They never say go all in on one stock, but I did just that with Regions Financial. I saw the opportunity with RF through my own D&D and cashed out all my other stocks and went in very heavy between 3.50 and 4.05. I sold half @ 7.10 and the other half today @ 8.22, needless to say my instincts and research were correct, and the profits of course were extremely pleasing. [more]