Winners and Losers in Today's Market [View article]
Mark what do you think of OCNF now after there filing??
On Jan 30 12:36 PM Mark Anthony wrote:
> My warning on DRYS was so timely. DRYS dropped from $12.50 to $6.50 > in just two days. The crowd in DRYS is just too crowded. > > That said DRYS is now way oversold and must rebounce strongly, as > shorts need to cover and longs need to jump back in. The Baltic Dry > Index has been up strongly for NINE successive days. The fundamentals > of shipping is strong. All shipping stocks are excellent buys at > current level. > > On precious metals, SWC remains the best as it is the best player > on the precious metal with most bullish fundamentals, palladium. >
Winners and Losers in Today's Market [View article]
On Jan 30 12:36 PM Mark Anthony wrote:
> My warning on DRYS was so timely. DRYS dropped from $12.50 to $6.50
> in just two days. The crowd in DRYS is just too crowded.
>
> That said DRYS is now way oversold and must rebounce strongly, as
> shorts need to cover and longs need to jump back in. The Baltic Dry
> Index has been up strongly for NINE successive days. The fundamentals
> of shipping is strong. All shipping stocks are excellent buys at
> current level.
>
> On precious metals, SWC remains the best as it is the best player
> on the precious metal with most bullish fundamentals, palladium.
>