I picked up some Genco in the low $20s back in '06 when it was paying about 10% yield. I can't imagine anyone getting so excited about it in the $60-$70 range. If you must have it now, be ready to get out with any big move up -I will not be holding any shares this summer.
-
I picked up some Genco in the low $20s back in '06 when it was paying about 10% yield. I can't imagine anyone getting so excited about it in the $60-$70 range. If you must have it now, be ready to get out with any big move up -I will not be holding any shares this summer.
Feb 27 22:20 pm
|Rating:
0
0
All Comments by A.S.D. »Dry Bulk Shipper Anomaly in Spot Pricing Creates Buy Opportunity [View article]