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Genco Shipping & Trading Ltd. Message Board

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  • optimismiscontagious optimismiscontagious Aug 11, 2011 6:47 PM Flag

    Part of the Reason for downward pressure

    Now you have alot of nervous financial investors looking to buy into something more solid. Shipping is underpriced and shipping is just as essential as chemical (dow) oil (Exxon) and Steel (US Steel) because transports are needed. Shipping is a sure bet based on valuations right now.

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