tonyinbrazil

Why I'm Adding to Excel Maritime, Atwood Oceanic and James River Coal

Unlike Trader Mark, I added to my MOS position on the dip.

Figured with the world population growing (and eating more), the low p/e relative to competitors, minimal debt, planting season here and the stock beaten down mercilessly over the past few quarters, this seemed like a pretty solid buy and hold play.

So far, the stock's been holding the 50s. Let's see if she breaks through the 59 resistence.