Navios Maritime Holdings Inc. (NM)

[dabonenose]

On earnings for NM,I am not expecting a great deal.

Since most of their charters are locked in contracts, they don't bounce around to much in price.

Some of their charters are for 5 years or more.

With the BDI in the tank there is not alot of impetus to increase prices.

It's a waiting game with the maritime industry.

The little divvie they used to pay was nice while waiting for the industry to come around.

I am trading in NM at even after averaging down as well.