Navios Maritime Holdings Inc. (NM)

[kid biscuit]

I averaged down, and immediately gave up several K. Timing is everything. You can't be too patient ever. The stock I mentioned owning several years, finally at the all time low ever at -89% of buy in I pulled the trigger. I procrastinated for over a month at those prices on whether to buy or not. The next day it tripled, the day after it was up 5X's. Stand to be correct that their earnings will increase from 12 mill to 17 mill, probably more like 40%, actually had 3K gain, when I would have still been down 25%. It does work, and the positive side is, it teaches that patience is a valuable thing in this area of life too. Still own em,' it's a penny that may well be a 10 to 20 down the road. It's just pulling out of trips town. Only penny I would ever think of going long on. But anyways back on track with NM though, this 90% compliance by OPEC for the last 30 days bodes very, very well for both drillers and shippers going forward. The driller are 1st in the que. These 3rd world countries that rely on oil, have huge pent up demand for infrastructure: buses, planes, equipment of all types, food stocks, you name it. Makes going forward a little brighter for NM. HUGE NEWS! We just want to keep seeing more of the same every 30 days.