Who lives in a Pineapple Under the Sea???
August 25, 2008
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RELATED TICKERS: SEA
That is what comes back on the Caps page if you put SEA in the "Search CAPS" box, sorry friends but no Sponge Bob here.
It's the ticker symbol for the new Claymore Delta Shipping ETF that debuted today - with all drama of today's market 240 point drop no one noticed and it closed pretty much how it opened - unnoticed at around $25.
Consider this your gift from Neptune himself as a buying opportunity to own the best performing shipping stocks at a bargin basment price. If you think Oil shipping and Bulk shippers have had thier run and are played out - you would be misinformed. You wont find any info on it til probably until next week - so squeeze in ahead of this institutional guys.
Go to the CLAYMORE site itself and see the holdings
http://www.claymore.com/fund/Overview.aspx?ID=d34ed598-744c-4d13-b244-9af700bac77a