Replies to post #2400 on Navios Maritime Holdings Inc. (NM)

[investorwisdom]

It's no secret that NAVIOS is looking for contracts with top AAA rated companies and governments, they don't do business with second or third class parties. NMM is a shipping company built upon one thing Contracts with the Dutch government, NMM made the money back on buying the fleet more than 2x's already! Regarding the Defense Dept bids, I don't know the details of what happened at the JP Morgan conference in NYC. But I am confident that where there is opportunity, Navios is right there taking advantage of it. And as far as NNA that is the value of cash in US treasury bonds right now, so until it is used to make a purchase, it should maintain and rise in value. When they use the money to buy later this year, the value Investors perceive will determine the future price, there is too much speculation in NNA right now for me, I'm sticking with my NM