Buying DRYS and Some Coal Names

August 21, 2014 5:27 AM

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Buying DRYS and Some Coal Names

JPM notes the Surging week over week daily earnings on Dry Bulkers:

(Capesize daily earnings rose 122% w/w to $15.4K/day for the week ending August 15. Panamax daily earnings rose 42% w/w to $4.6K/day. Supramax/Handysize index rose 9%/5% w/w.) “Driven mainly by higher coal shipping demand from India China and Europe”. 

We are buying DRYS and some coal names. Good Luck!

**other names we LOVE include BALT  SBLK in the shippers

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