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Navios Maritime Holdings Inc. Message Board

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  • lnhirst Aug 6, 2007 9:30 AM Flag

    NM a Morningstar choice

    That was released last Friday morning. Obviously, it did not help the stock. Bottom line: NM blew it when they locked themselves into what turned out to be low ball rates.

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    • I think you should re-read the article. They have yet to increase their charter rates, and will do so slowly. Morningstar gives them a buy since a downturn in the dry bulk market, which isn't going to occur for a long while, wouldn't affect them as much, how can you go wrong? Morningstar is saying the NM is their dry bulk choice. At these levels, you should be buying while everyone is in a panic and selling.

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