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Genco Shipping & Trading Ltd. Message Board

  • masterwallstreet masterwallstreet Sep 9, 2013 10:51 PM Flag

    This stock gapped up the last 5 trading days and broke a new 52 week high

    In my opinion only, the stock opened up 5 trading days with a gap up. It broke a new 52 week high today. This industry is starting to heat up and the stock has plenty of room to move higher in my opinion. You might want to check out another stock that is starting to heat up the vessel shipping company Euroseas ESEA. Both of these broke another 52 week high today. The reason why I like this stock like Genco is because they have very strong insider holdings, very low float, high book value and they pay dividends. Genco does not pay dividends. This stock is three times cheaper. If you miss a run-up on this stock you could still jump on ESEA. The stock is 1.62. Bad shorts bad shorts what you gonna do what you gonna do when the stock rises on you you fool?

    Sentiment: Strong Buy

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