ABN AMRO picks through shipping stocks
11:28 AM ET • SBLK
ABN AMRO hones in on the shipping sector with a fresh round of initiations.
Star Bulk (SBLK -0.8%) is started off with a Sell rating, along with DryShips (DRYS +0.3%) and Diana Shipping (DSX -2.3%).
The Dutch investment firm isn't as bearish on Navios Maritime Holdings (NM -2%) which lands a Hold rating and $4.50 price target (slight upside).
The Baltic Dry Index is inching higher this week, but is off 24% YTD and 63% over the last 52 weeks.
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Mar 24 01:17 PM
but DRY is still in the green,ya gonna have to ship no matter what oil prices are!
Mar 24 04:17 PM
they cannot carry oil! don't you know anything about their fleet? But people have to eat!
Mar 24 01:18 PM
Mar 24 01:20 PM
The ship will sink
Mar 24 06:32 PM
I have hopes it will come up in few year to $5. Things will move in shipping industry. China is i
Kem60 needs to pump this untill she gets some of her $$$$$$$ back
She took it sooo deeeeppppppp this time
Wonder why drys is only up only 0.8 from 52 low
Whats all that cheering about
Idiot youraverage is $1.06
Kems average is around $3
Whats it ?
Gettibg fff d up in theawzzz makes u soo happy?
Itsonly up 0.8 from 52 low
Down $4.50 from 52 high
For now, all of these stocks are an avoid, except for the most risk-tolerant speculators and traders. Investors will get their opportunity soon enough.
If you buy use stop loss
For now, all of these stocks are an avoid, except for the most risk-tolerant speculators and traders. Investors will get their opportunity soon enough.""":
Talking about dryshipping
After reading the article you would think drys is more like free and newl
Btw author has a great point about idling the donkeys
Dont you read?
Kem is desperate
She needs this to be pumped so she can Get out
She later deleted her post
You can ask her why she deleted the post
Who is going g o give them $$$$ now?