Saturday, November 18, 2017 6:16:33 AM
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.
Recent NM News
- Navios South American Logistics Inc. Announces the Date for the Third Quarter 2023 Conference Call and Webcast • GlobeNewswire Inc. • 12/20/2023 02:04:05 PM
- Navios Maritime Holdings Inc. Announces Completion of Acquisition by N Logistics Holdings Corporation • GlobeNewswire Inc. • 12/14/2023 01:10:00 PM
- Live Webinar on the Tanker Sector: Tuesday, November 28, 2023, at 10 a.m. ET • GlobeNewswire Inc. • 11/20/2023 06:55:08 PM
- Navios Maritime Holdings Inc. Announces Definitive Merger Agreement • GlobeNewswire Inc. • 10/23/2023 11:00:59 AM
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