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WINDERMERE, Fla. (Stockpickr) -- Professional traders running mutual funds and hedge funds don’t just look at a stock’s price moves; they also ...
Shipbuilding - International Stocks
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"Shigeki Makino, manager of Putnam Global Equity Fund, is especially bullish about shipyards and shipping, although other investors have worried that the shipbuilding boom will pressure shipping rates. Yet the fund manager believes capacity growth has peaked in the shipping industry, even though new-tanker orders extend through 2009. "Maersk, the player that had pushed prices aggressively last year, has fuller ships this year and is being more disciplined, and demand growth remains strong," he says. As more countries grow richer, the number of routes is snapping higher, too."From Barron's 4/16/07
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They are going to have to do a split in the (TBT) soon. Simply the absolute BEST short the last years.......lol Down every single day......
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