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langlui

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langlui

Re: langlui post# 70224

Wednesday, 01/09/2013 9:45:08 AM

Wednesday, January 09, 2013 9:45:08 AM

Post# of 72997
dryship bulking from Jan 4th - 12:11 COMDX Drybulk stocks surge today on no real catalyst (SHIP +38.7%, EGLE +38.3%, FREE +36.1%, EXM +23.9%, SINO +16.2%, DRYS +16.5%)
Not really seeing any catalyst to cause these moves, but then we've seen notable moves like this in this space before with no catalyst. Overnight Baltic Dry Index shipping data was slightly positive and is definitely not the driver to today's move in shipping stocks.

All material posted by langlui is purely my opinion and is not buy or sell recommendations. Do your DD, buy and sell based on that DD.

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