FVCK The Shorts and FVCK The Chicken Littles In The Long!
Both of you are chicken littles. The BDI index has bottomed and has just started another powerful rally for a month or two, and you guys are SELLING, not buying?
No wonder you are LOSERS. Both of you.
I wish I could buy more shipping shares. But I need to dedicate more resources to UNG and SWC right now. But surely I am NOT selling any shipping stock I own. I will buy more if EXM drops more.
FVCK the shorties again. They had a chance to cover Oct. 2, 209 but did not. Must they wait for $40 a share to cover?
Chicken littles please sell now. We do NOT need you for the ride going up.
This thread started Oct 2. EXM is up more than 10% since then.
Readers might want to check who was posted strongly opinionated thoughts, and adjust for who was strongly opinionated AND in error!
LOL! But its down 8% from two weeks PRIOR to that and down 40% from two and a half months ago! Listen, any jerkwad can throw out price targets with no clue about the industry and merely based on hope and stand a chance of being correct if the MARKET moves in the correct direction. DON'T confuse brains with a bull run! This wacko you are suggesting had a clue what was going on has been pounding the table on bulkers and been dead wrong on why, how much, what they earn, what their mix of fleet deployments are, hell, nearly everything. And up 10% in three weeks? Hell, it does that many days and then DOWN 10% the next. Random freaking guesses are NOT good investment pointers!
Today it looks like we have finally kicked out all of the chicken littles.
We are set for a spectacular rally of shipping stocks, folks!
Now the way EXM goes it looks more pleasant to me.
I have not sold a single share of EXM on the way down from $10.
Now as my SWC and UNG positions are gaining more and more buying power, I am going to start buying more shipping stocks.
Have not bought any EXM today as it is already my largest shipping stock position. Bought some EGLE. Looking to buy TBSI as well.
DRYS hasn't been above $15 since the second week of Jan.
And yet in SA, Mark Anthony states in full disclosure and posts this summer, that he owns DRYS.
Which of your demented personalities is lying?
" When China says so, you'd better listen."
Well, the China Iron and Steel Association says that Chinese steel companies cannot keep purchasing ore, and producing steel at this record pace, or half the steel makers will go broke.
And since the price of steel in China is plummeting, it appears they are right.