Stocks that Float: TANKERS & DRY BULK SHIPPERS

[Milner]

Xanadu,

Here is the 64,000,000 million dollar question. If you were going to buy a JF stock tomorrow for a long term hold which one would it be. I was about to pull the trigger on Deep Sea but im starting to think Golden Ocean is becoming a no brainer at these prices. Since the current market conditions are going to cause a consolidation in the bulk sector eventually rates should rise because of the absence of as much dead weight tonnage on the high seas gong forward due to order cancellations of ships. Then i think of Deep Sea and the record spot rates in the North Sea and that looks like a no brainer also. Flip a coin and let me know buddy.....

Thanks

Joe