Excel Maritime Carriers Ltd.(fka EXMCQ)

[investorwisdom]

Yes today will be a mega shipping rally! EXM is my second favorite shipper, but i really like the fact that NM Navios has all long term time charters, with 300 million in us treasury bonds in the form of NNA.U the blank check company they founded at the market top. Also all of Navios charters are insured, with AAA rated companies. The really went to extraordinary lengths to take the risks out of the shipping business, and they are beaten down with the worst of shippers, the market is going to smarten up real soon and see how much of a great deal NM is. They are the only drybulkers still with a dividend, and when they use that money to buy a new company they will be able to raise their dividend, before the other shippers even bring theirs back!