The 2010 OMG! stock of the year?
DISCLOSURE: Varchild2008 is a moron and furthermore has done ZERO ZIP NADA research on the following stock.... So don't listen to Varchild2008 no matter what his opinion is... As that's not the point... the point is for YOU to do the research and see if you come to the same or different conclusion....
/ END OF DISCLOSURE
Eagle Bulk Shipping EGLE <----- Buy this ahead of Jobs Numbers on Friday.
Why? What makes me drool at this stock?
A: Trades at 6.5 P/E
B: They recently took possession of their 27th vessel which is under their control in a profit sharing contract for 10 years with a $18,885 approx. rate good through 2015.
Me thinks NOW is the time to gobble up Dry Bulk Shipping Sector Stocks.
Steel prices and commodities on the rise means big big big big sales for dry bulk... of course I know nothing about Dry Bulk.... I.E. I am a moron afterall..
But heck.. if you know something about the industry and the commodity inflation situation and so on.... then take a gander at this sector and if it is not in your portfolio and you think it should be then pick a Dry Bulk Stock today while they are still cheap!