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Re: AD post# 376

Friday, 02/01/2008 5:04:38 AM

Friday, February 01, 2008 5:04:38 AM

Post# of 1210
AD. You are right - we need to be cautious in shipping market too. It is a volatile and heavily played market. But if you can play it right, you earn handsomely.

I may seem not so concerned about the fluctuations, and it is because I have bought my shipping shares so long time ago and so cheap that the present up and downs of the share prices do not scare me. And over this long time holding I have learned to trust on John Fredriksen, he has guided his companies safely through many troubles of the shipping industry.

However, I think that the shipping companies themselves are very transparent and easy to follow. The acting of shipping share prices is then another question
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