w5737

3 Comments

General Discussion on DSX
Precisely

On Sep 10 10:01 AM Mighty1 wrote:

> Having owned stock of DSX, DRYS, GNK, TBSI, and NM for a year and
> more I have experienced the volatility of this sector of transportation.
> While I now wish that I had taken profits last October, I AM optimistic
> about the future. I have to think that China, (and to some degree
> India), will cause these shippers to continue to thrive. While I'm
> a novice, it appears as it the BDI is being used in error by many
> as, (if I understand correctly), many of these shippers work on long
> term contracts and so BDI should not influence stock prices on a
> daily basis. But that seems to be the reason for this recent downturn,
> or at least so it seems to me. Any others care to chime in on this? Sep 24 11:00 PM
Dryshippers: A Buy or a Sell? [view article]
Both Dac and ssw are "finished goods" shippers as are other containerships. both operate under long term charter(10-12yrs) agreements. So the bdi has very little to do with their gross income

On Sep 11 12:13 AM bsharvy wrote:

> I'm more interested in finished-goods shippers, but I can't find
> much info. Any help? Sep 24 10:52 PM
Nordic American Tanker's Nice Dividend Boost [view article]
Nat should pop 0n 5-9-08. Cramer went bananas over it on 5-8-08 and $1.18 dividend per sh. is nothing to sneeze at. I'll watch it for a few days and make sure I can pick up the may div. May 08 11:25 PM

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