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XMFSinchiruna (28.01)

Navios: Enigma of the Seven Seas

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15

August 20, 2010 – Comments (3) | RELATED TICKERS: NM , DSX , BALT

Navios certainly has ceased to be the easy selection for potential outperformers that it used to be.

http://www.fool.com/investing/international/2010/08/20/navios-enigma-of-the-seven-seas.aspx

This one is tough to call at the moment, and the sector is so $#@! screwed right now that there is no selection other than conservative outlier DSX that I believe represents a safe play. To offset that conservative nature, one could conceivably consider a small BALT stake for upside exposure to the BDI if things turn out somewhat better than I currently see them. That's what I've done, anyway. Long DSX and BALT.

 

3 Comments – Post Your Own

#1) On August 20, 2010 at 4:18 PM, XMFSinchiruna (28.01) wrote:

And while I'm at it ... did you see this one?

It truly is a sign of the times when a gold miner tops the Fortune 100 list of fastest growing companies.

Congratulations Eldorado Gold. Congratulations resilient and undeterred gold investors for waiting through some portion of this 10-year journey for Wall Street to finally be forced to recognize that well-selected gold miners represent viable vehicles for playing this secular bull market. Congratulations CAPS score leader for EGO Violinist.

 

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#2) On August 20, 2010 at 4:32 PM, Revler1082 (< 20) wrote:

I like Genco Shipping (GNK).

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#3) On August 20, 2010 at 4:48 PM, EnigmaDude (98.11) wrote:

hehe - you said "enigma".

I actually like NM and held some shares in real life for a while.  But I'm afraid the shipping sector has not yet weathered the storm. Eventually the tide will turn though, and when it does I think Navios will be successful at turning their shi* around.

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