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Diana Shipping (DSX) +4.5% premarket, apparently thanks to Jim Cramer's recommendation. The dry...

Diana Shipping (DSX) +4.5% premarket, apparently thanks to Jim Cramer's recommendation. The dry bulk shipping industry is finally beginning to turn the corner, Cramer says, and once DSX breaks above its current ceiling, the stock could easily hit $14.
Comments (5)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    Ah, the (in)famous Cramer effect at work. I'm not long DSX, but if I was then I think I'd be selling that pop shortly after the market opens or even pre-market.
    27 Mar 2013, 08:45 AM Reply Like
  • johnofarizonaoregon
    , contributor
    Comments (226) | Send Message
     
    You don't have to be long to act upon your reasoning. You can fade the pop by selling it short "shortly after the market opens or even pre-market."
    27 Mar 2013, 09:04 AM Reply Like
  • new slang
    , contributor
    Comments (163) | Send Message
     
    Pretty sure over supply is still an issue
    27 Mar 2013, 02:08 PM Reply Like
  • p0zz
    , contributor
    Comments (27) | Send Message
     
    New Slang: If you wait, you pay more........ (Long DICX, NM, TNK, DRYS, TEU)
    27 Mar 2013, 07:12 PM Reply Like
  • new slang
    , contributor
    Comments (163) | Send Message
     
    True - opportunity cost is also a thing though. Not sure on the timing.
    28 Mar 2013, 12:24 PM Reply Like
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