Seeking Alpha
  • Dr. Kris
    Shippers going wild! Recommended in yesterday's blog, shippers continue their advance. Many issues up 4-6%; shipping etf $SEA breaking out.
    3/22/13
    Reply (19)
    • Dr. Kris: If you're an expert on this space, what are your favorites?
      3/22/13
    • TruffelPig: Why are shippers gone wild?
      3/22/13
    • vinyal: Have been long this space for 3 weeks with DSL, EGLE DSX. Dont you think it is too late now with these huge moves already?
      3/22/13
    • Dr. Kris: Yesterday's big winner $OSGIQ up another 11%. Big dividend payer (17.6%) Box Ships $TEU up 4% to $5.
      3/22/13
    • Dr. Kris: Truff: Read yesterday's blog. Good outlook from shipping conference.
      3/22/13
    • TruffelPig: Just did :). $TNK I say.
      3/22/13
    • TruffelPig: I am long NMM and DCIX already but they don't move much it seems.
      3/22/13
    • TruffelPig: Bought some TNK - good dividend and should recover eventually.
      3/22/13
    • Dr. Kris: TNK's for your thoughts!
      3/22/13
    • TruffelPig: Lol. Now I need a YRW ticker symbol!
      3/22/13
    • Dr. Kris: $NMM seems to be rangebound between $14 & $16. It does have a juicy dividend, though.
      3/22/13
    • TruffelPig: Yup, I take the dividend and drip it - hoping eventually it will break out in some years to come.
      3/22/13
    • TruffelPig: Same game with DCIX.
      3/22/13
    • TruffelPig: To make some additional gain sometimes I sell some puts on DCIX.
      3/22/13
    • TruffelPig: My put machine though is WPRT - enormous volatility. I always sell $30 puts and just roll and roll every 4-5 months. Easy 50% thus far.
      3/22/13
    • Dr. Kris: A more conservative play would be to sell the $25 puts on rebounds.
      3/22/13
    • TruffelPig: True. But when the stock is that low I want to own it! :) My break even now is already <1500 compiling all gains.
      3/22/13
    • Dr. Kris: But if you wrote the $25 puts, you would own the stock if it dropped beneath that.
      3/23/13
    • TruffelPig: True. Actually I think initially I had 25 puts and rolled to 30 when stock moved up a lot. Even had shares at one point. WPRT is very giving
      3/23/13
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