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GNK Market Currents
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Tuesday 10:43 AM Global Hunter
fires up Buy ratings on a number of shipping stocks including Diana Shipping (DSX +2.5%), DryShips (DRYS +9.5%), Safe Bulkers (SB +2.1%), and Baltic Trading (BALT +4.5%) - while starting Eagle Bulk Shipping (EGLE -0.9%), Excel Maritime (EXM -1.8%), Genco Shipping (GNK +1.1%) with below-keel Reduce ratings. While individual names in the sector tend to get tied up with momentum trading, the overriding theme has been a moderate bounce back off of a 25-year low in the Baltic Dry Index in February. Guggenheim Shipping ETF (SEA) +8.1% YTD.
1 Comment[On the Move, Consumer]
GNK in Focus
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GNK Related Articles
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GNK News
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at CNBC.com (Feb 13, 2012)
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at MarketWatch.com (Sep 20, 2011)
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at CNBC.com (Apr 15, 2011)
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at CNBC.com (Mar 25, 2011)
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at CNBC.com (Jan 25, 2011)
GNK Press Releases and Filings
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PR Newswire (Apr 30, 2012)
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PR Newswire (Apr 23, 2012)
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PR Newswire (Dec 22, 2011)
GNK Latest Transcript
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GNK Cramer
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Thu, Apr 15, 2010
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Thu, Apr 1, 2010
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Wed, Oct 8, 2008
GNK Instablog posts
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GNK vs. ETF Alternatives
Company Description
We are a New York City-based company, incorporated in the Marshall Islands in 2004. We transport iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Our fleet currently consists of 35 drybulk carriers, 14 of which we acquired from a subsidiary of... More
