The whole sector will make "waves", not just EXM, but we still aren't even close. It's everything you mention that holds us back...and it's times like these that one accumulates.
Of course - it makes me sea sick at times. :) I have a few drybulk carriers.
We tend to move with the BDI and the BDI has been improving, which is in our favor. I wonder if that is a leading indicator of the shift in dry bulks?
European debt is now passed down the road for about 3-5 years... US debt should be about the same.
China showed growth in Exports even though marginal that looks good for them
We have had a lot of negative things that are weighting this stock down go away or kicked down the road. Thus I don't see why this can't go to 8 maybe 10 in the near term despite bad earnings.
Gonna be watching the next few days as a time to get in.
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