Told you to get them while they are cold-Still not to late
About a month ago I posted a blog suggesting that Dry Bulk shipping stocks were at or near their bottoms and they might be worth a look.
EGLE - 10-05 up 21.71%
DSX - 10-05 up 25.63%
Exm - 10-05 up 6.46%, but up 11.88% today.
The only one of my pure Dry Bulk stocks that is not up is SBLK. It is down 11.50%, but actually I am up since I bought it for less than my Pick Price.
Of course this is offset by NM - 3-26, which is up by 133.80%.
I have some other shippers that are not pure Dry Bulk, but they are also up.
DAC - up 11.11%
ESEA - up 6.15%
Actually I am up more than that in real life, because I bought more on dips when the market "corrected".
This is not to say "Naa Naa, I told you so, but to remind you it is not too late.
They all have and will continue to go up and down in the intermediate term, but for the longer term, they will be real winners.
Do your own DD, but if you can ignore the gyrations of the market in the intermediate term, there is big money to be made in the longer term.
JMO and worth exactly what I am charging for it.