Excel Maritime Carriers Ltd (EXM)
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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Ghost Fleets off Singapore
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Great book value, continually growing Ebit-da, growing revenues, but there is way to much debt. and there is no promise of it being paid off anytime soon or of them recovering their book value do to its acidity (Quick ratio of .4) stay away. Possible case to be made in a ten year horizon, but this stock is way too risky and speculative for the "intelligent investor."
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Head fake, dry bulk shipping leaped up today, now it will jump down.
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I liked this stock and took my profit sometime ago. The technicals do not look so hot of late. It is trading well below its 50 and 200 Day Moving Average per a MSN one month chart.
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dry bulk shipping
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I think that for the present, this whole sector is to be avoided. Tremendous volatility has been wiping out gains. Be careful of Dry Bulk Shipping. Wait till it settles down.
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Drybulk Shipper that recently missed estimates. The entire drybulk shipping sector is inflated, and I believe it will come down to earth soon.
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I would love to see this stock drop back to $18

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