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  • Shipping Sector Stock Picks  [View article]
    With the exception of GNK, I wouldn't own one of these. Regardless of all the parameters Mr. Dur is so excited about-- "new ships" "diverse business plans" "built-in growth"-- the only metrics that should matter to my retirement are _price_ and _acceleration_.

    Global shipping has been smokin' hot sector for two years. While Mr. Durs recommendations have perhaps doubled in the past two years, paying a 5 or 6 percent _taxable_ dividend, Dryships (DRYS) has risen 900 (yes 900) percent.

    And even if you were sleeping and missed the first 18 months of this move you could still have gotten a triple _since MAY_!

    In a smokin' hot sector, one simply must own the smokin' hot stocks. Otherwise you are holding _losers_. Period. Regardless of what any "expert" says. _Making_ money, (as opposed to _hoping_ you make it sometime in the future because of all the good "business plans", "built-in" growth", etc.), is about owning rising stocks _now_. Get on board. ;>

    Disclaimer: I own a boatload (pun intended) of Dryships. I hope you do, too. :)
    Oct 02 16:59 pm |Rating: 0 0 |Link to Comment
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