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Re: BaGr post# 22970

Thursday, 12/08/2016 10:56:39 PM

Thursday, December 08, 2016 10:56:39 PM

Post# of 29021
Completely agree. I speculate. And I speculate that we should watch for a buyer. I think the industry will consolidate maybe a little more. Could be very good for small shippers of which I am finding there are more than a ton of them. I would speculate that as the bottom fills in the industry and ships begin to sail with cargo that it may be easier and more profitable to merge. I am far from a maritime expert but if that business is like any other, that is to say that they are operating for a profit, then there will without a doubt be mergers in the industry IF the bottom is actually in. And I am thinking it is. JMO. I am buying dips at this point.