rsinvestor

Don't Let Bulk Shippers Sink Your Portfolio... For Now

The dry bulk companies mostly ship iron ore and coal, not oil. Furthermore "I just don't trust the dividend yield" is not exactly a screaming argument for staying away.

A better arguement would have been to advise against the shippers with high debt and having trouble paying back the loans. Look at DRYS who just filed to sell 25million shares, on top of the 45mil currently outstanding.