InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,635.34
(
0.91%
)
US TECH 100
19,854.00
(
0.90%
)
Dow Jones
40,099.41
(
0.87%
)
Brent Oil
84.92
(
-0.23%
)
Bitcoin
58,027.76
(
1.18%
)
Post# of 114301
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

researcher59

Send PM Follow Ignore
Followers 322
Posts 32012
Boards Moderated 22
Alias Born 12/30/2004

researcher59

Member Level

Re: cliffvb post# 65661

Thursday, 10/31/2019 10:50:20 AM

Thursday, October 31, 2019 10:50:20 AM

Post# of 114301
NMM -.38 to 19.74, a disappointing reaction to a strong report. The single analyst Q3 EPS estimate of $0.34 is outdated and was not updated to reflect the surging BDI over the summer.

There's a lot of skepticism about the sustainability of these results. The BDI is now at 1782, way down from a 9 year high of 2518 set in early September and trending lower. If it can average around 1500 for coming year, then NMM will likely be trading a lot higher in 12 months, but that remains to be seen. The BDI has proven to be rather unpredictable and more volatile than ever this year.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up