Replies to post #871 on Stocks that Float: TANKERS & DRY BULK SHIPPERS (SHIPPERS)

[Milner]

Xanadu,

Hope all is well. Yes this turmoil is something else. I just kept my holdings and sold very little. I held all of my JF stocks. Adding to positions in Dessc and FRO. With the internet we are just bombarded with bad news constantly. As these hedge funds unwind it looks like pain for the rest of this year with the only solice in the commodities and offshore companies looks like they may have sold off first. I heard that the december option for oil @ 50 a barrel went from .50 cents to 1.50. I am just holding all my JF stocks because i know they will weather this storm. As for others such as DHT. and FREE who knows. Looks to me like all the stocks on the Oslo Bors took a great hit. They may go lower but it looks way oversold at this point. Golden im just holding but not adding right now. What do you think...?

Have a good day,

Joe

[Milner]

Xanadu,

I havent been checking my holdings every day because i find it just unhealthy having to listen to all the hysteria. I went through my garage and found an old Stereo System and Record LP Albums from the 1970's and hooked it up. Surprisingly it plays amazingly well. Records from the 70's and 80's a turntable. Great stuff. I turned the computer off every other day. Did you happen to year what exchange they are planning to uplist to. If its a bourse it might be ICE or or Amex. What do you think?