Looked closer at the new Fulvia charter contract - it doesn't look good at all - a very low price. So, the jump in price shall be attributed to something else. It may be the BDI optimism and/or start of the Aug divvy run-up.
I am a long-time holder of NMM and not in a rush for price increase. I'd rather we sit here and collect all the nice divvies. Go up slowly, please :-)) The truth is when NMM gets above 20 it is better be sold as it doesn't hold well on those levels and usually come down quite dramatically. I traded it once in the past - sold at $19+ (for a nice profit) and bought back at ~$13. But I really prefer to keep collecting the div as long as possible.
Is there future for the coal industry in general? It doesn't look bright considering low NG and oil prices. Any one knows where to find a well written article/analysis?
P.S. I hold a position in ARLP, and even added to it recently as I think ARLP is possibly the best coal co out there. But I need to know there is future for the coal industry in general, otherwise... I may reconsider and sell before it's too late.
I hold a small position in BBL, but totally missed the spin-off. Pls enlighten me what shares (ticker?) do I get for my 100 shares of BBL? Will I still own these 100 shares of BBL - or they will be split between BBL and the new stock?
Finally, in a nutshell - is it a good deal for us, the shareholder? (I know, it's a dummy question, but would appreciate any guidance!)