I currently only own Navios Partners NMM bought when the yield got up to 50%
because all of the charters were guaranteed through Q1 of 2012. I still hold it.
DRYS has too much LTD for my comfort and NM's earnings statements are very hard
to follow. Don't know NAV.

I like shippers now. NAT is my favorite. NM is good too. DRYS -- I've got a
tough time liking that one. I think it's more of a shell company than anything
else.

I have traded in and out of these stocks before but not recently. Trying to
catch my memmory for a second, I think Dryships auditor issued a going concern
warning which isn't good, and Navios I think is a safer shipper because they
have alot of there contracts hedged. I would avoid this sector altogether.

Careful on NM - it reports tomorrow evening.