Navios Maritime Holdings Inc. (NM)

[Ecomike]

The BDI index (it is BDI not DBI IIRC?) is cyclical, and the China lossing of money the last 8 weeks at the bottom, and record lows for coal, iron ore and copper may have spiked some spot market restocking orders for China invesntory, and the silk road plans by China should be a huge boost long term to the BDI as well as the rush of fresh cash into China by the central bank to prop up the mainland stock market etc. Only question is have the stocks also rallied already, and all peaked or not and are there lurking deals to sell new shares during the run up in the wings.

I just looked a Prgn and it seems to have rallied up 100% in the last 2-3 weks already, but it was down from about $5 to about .50 this year and is now only back up to about $1, so not sure where it goes from here. Friend of mine may do us some charts on My Ecomike DD charts board or on the other site he mods (chart board) and I will share them here when they are done. I asked for NM and Nmm charts and maybe a BDI chart and maybe a Dyrs chart, although I do not trust that scam artist CEO at Drys.

NM has survived the test of time well!!!