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XMFSinchiruna (26.51)

Navios: Enigma of the Seven Seas



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

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

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 (26.51) 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 (54.02) 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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