Stocks that Float: TANKERS & DRY BULK SHIPPERS (SHIPPERS)

[MWM]

The beating continues...

[investorwisdom]

$BDI Bottom is in! NM sailing higher!!!!!

[investorwisdom]

BDI perking up?

[investorwisdom]

I respect that sentiment, but I don't think that is where we are in this place and time. This is most likely the 52 week low for the BDI.

[MWM]

Europe is about to have it's 2008, I don't want to touch anything on the long side here...

[investorwisdom]

EXM looks good here, the shorts will be forced to cover here!

[investorwisdom]

would be a miracle for things to all of a sudden get back to normal, the cycle want's to see total destruction before it can rebuild.

[MWM]

Hard to say whats in store...

GL!

[investorwisdom]

my plan, abandon ship, load up on gold, and buy back into the bottom of the shipping cycle! Still holding some NM however, even though there may be a rough storm or two ahead...

[MWM]

You know it's bad when there is an aquisition in the sector yet everyone is red...

[investorwisdom]

the titanic is about to sink to the bottom isn't it? Up to now were just taking on water, but now the trouble starts...

[MWM]

Shippers are all looking like the Titanic...

[investorwisdom]

are we close to the bottom yet? man oh man.....

[MWM]

There are some ugly charts up there...

[investorwisdom]

looks like the BDI may have found some footing here!

[investorwisdom]

and then all right back down... :(

[MWM]

NAT FRO OSG TK all up on Egypt concerns...

[MWM]

up is down, down is up?

[investorwisdom]

I can't understand it, shouldn't the shippers reflect such a dramatic drop in the BDI? How can this be? Why are commodity prices going through the roof, but the cost to ship them at all time lows!!!

[MWM]

Amazed as many of these names are holding up like they are...

[investorwisdom]

looks like the all time bottom next to the big crash! lets hope it sticks!

[MWM]

We better hope it's a bottom!

[investorwisdom]

looks like this is the bottom in the BDI or it means the entire economy is going to crash bad.....

[investorwisdom]

were sitting at what looks like equilibrium, I think it will break higher considering shipping is lagging the DOW

[MWM]

Not much standing out here but on watch!

[MWM]

Thanks, that is a great all around site for the Shippers!

[blackcat]

Here's another one from that site that you might want to sticky for reference.

http://shipping.capitallink.com/events/conference_calendar_by_sector.html

[MWM]

Most of the shippers still pretty quiet on this 200 point move day in the dow...

[investorwisdom]

Free Money NM and NNA! come and get it!!!!!!

[investorwisdom]

well the relief is to focus on cash rich companies with fixed long term time charters...

[MWM]

The strongest should Survive hopefully!

[investorwisdom]

I am actively buying EXM DSX NM NNA Outlook should turn soon these companies have cash, make cash, and have the potential for much much more...

[MWM]

very possible... but without the banks the shippers are in big trouble and i don't see any relief in sight...

[investorwisdom]

I think the decline is due to more of a lack of financing from European Banks more than anything else...

[MWM]

Weekly Shipping Stocks

Great Link!

http://shipping.capitallink.com/shipping_weekly_review/weekly_shipping_stocks.html?senddt=2010-23

[MWM]

Baltic Dry Index Drops 3.3% To 1,840 For 32nd Sequential Decline, Longest Drop In 9 Years

Don't panic - the fact that capesize operators are on the verge of losing money on charters and facing bankruptcy is irrelevant: China just announced the biggest export balance with the US on record. And that very credible number must surely mean all is good, and trade by Pacific Ocean rail is surging. In the meantime, the BDIY dropped 3.3% to 1840 from 1902, a 32nd sequential decline and a the longest drop in 9 years.

[MWM]

KSP did a 180!

[MWM]

I have not been paying attention to the shippers lately, last time I did a little DD I liked SSW but that has been a while...

[clppmm]

What is the best valued stock, as your best guess. include -please- ship age; debt and risk of default; contract connections

That is, if you have the time and desire to do so. Otherwise, no sweat.

CLPPMM

[MWM]

KSP not looking so good...

[MWM]

BDI unable to break $4500 for the last two years...

[clppmm]

Opportunities for bottom fishing!

[MWM]

The BDI is getting waxed!

[investorwisdom]

STOCKS THAT FLOAT!

[Milner]

Golden Ocean just reinstated their dividend. Its not much a couple of cents but its a signal that the opaque market we have been in for the last few years is finally coming to an end.. Cheers...!!!

[investorwisdom]

hard to say dry-bulk does not present great opportunity here...

[Milner]

This too shall pass. I wouldnt follow it too closely right now. As wel all know shipping stocks swing wildly and they will swing back but not today..

[investorwisdom]

Whole sector got slammed from the falling Euro...

[investorwisdom]

that is a sweet move! Nice, check out the move NM is making WOW!

[MWM]

SSW made a nice move while i was gone...