billf921

Drybulk Shipping: Prepare for a New Record High

supply of new ships will cause rates to crater and when rates crater these stocks can fall 50 % or more.

the ffa's all indicate lower rates in 2009 so if you think you can be th4e first guy out go ahead and buy.

you need to add more balance to your article and mention what rates were for the last 30 years and why its different this time

Good News For Dry Bulk Shipping

one other thing, as higher oil prices ripple thru the economy, a slowdown will happen. this slowdown will lowr dry bulk rates and profits

you don't want to be in any bulker stock if and when that occurs

Good News For Dry Bulk Shipping

drys is down from 115 to 75 as the ceo has strayed from drybulk to ocean rigs. btw, he grossly overpaid for ocean rigs and dumped the crap to drys public holders.

secondly, the ceo has no problem issuing himself one million shares worth 75 m.

third, the ceo private company took long term charters at th public share holders expense

I cant get over his self serving moves and cashed out a million dollar position.