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lowtrade

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lowtrade

Re: None

Monday, 06/22/2015 1:10:34 PM

Monday, June 22, 2015 1:10:34 PM

Post# of 47295
Keep an eye on the once strong ocean shipping sector. FREE is the one I have hopes for. Two others which were popular a few years ago and completely broke down are SHIP & DRYS. IMO anyone of these could be takeover candidates. And after reaching bottoms below the $1 level, may bounce quickly, even without takeover news. Because they have to stay listed, to hope for some successful shipping company to save their asses. Many times, major deep pockets owners; will buy up the price, to keep their investment listed. While looking for a buyer.

The shipping sector is down 26% for the year, up 6.4% for 6 months, and up 7.1% for 3 months. Improving rather fast for a lager sector.

Just some food for thought!

Welcome to my mind!

Success to all
IHUB http://investorshub.com/boards/board.asp?board_id=3972
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