Excel Maritime Carriers Ltd (NYSE:EXM)
CAPS Rating:
The Company is an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, as well as bauxite, fertilizers and steel products.
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This stock has to be near it's bottom, or the company is going to go bankrupt. Even with some real money, I'm calling that this has reached its bottom. Things could get substantially worse and probably will, but EXM has a good track record of steering the ship through the storms of the past.