How McDonald's Bit ...
Open Question
Dan,
What do you think about the shipping stocks right now?
(Position Long:DRYS, NM, and NAV)
Thanks for the Help!
Page 1 of 1
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.
Rate Now:
Average Rating: 0.00 / 0
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.
Rate Now:
Average Rating: 0.00 / 0
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.
Rate Now:
Average Rating: 0.00 / 0
Careful on NM - it reports tomorrow evening.
Rate Now:
Average Rating: 0.00 / 0
Page 1 of 1
