Navios Maritime Holdings Inc. (NM)

[dabonenose]

Jet, thanks for your input.

Personally speaking,,,I don't worry about shortterms.

I've been buying shares on occasion for several years now.

many of the shippers have been buying distressed assets(ships) from defunct companies rather than newbuilds, which oughtta help contain the glut.

IMO, now is the time to accum shares of the good ones and I still consider NM a good one. It should do well when rates are better because of its size.

Many of the shippers(DRYS, TOPS, etc), have done R/S and that makes me nuts.

Because of this however, their O/S are low and the shorterm traders have a ball with them.

I'm not a shortterm trader by any stretch,,,lol.