Don't Let Bulk Shippers Sink Your Portfolio... For Now [View article]
In 3 -6 months there will probably be ZERO drybulk shippers listed in the US stock exchanges. The US has crippled the worlds economy and we are only seeing some of the effects of this. The real beast will be unleashed in 2009. For the record I own DRYS and GNK, well at least I did own GNK. I just sold my entire position. I didn't sell DRYS as it has tanked so badly, what's a few more dollars. I'm going to invest my money in non-perishables and a bunker in preperation for Doomsday.
Anything is reasonable, even Apple going bankrupt considering the awful state of the US economy. The dollar may become worthless in a few years. 1 trillion in debt and growing. No ammount of stimulus is going to help us. I love Apple to death. Heck, I have more products of theirs than just about anyone I know. Reality will set in. I only hope I am wrong.
Don't Let Bulk Shippers Sink Your Portfolio... For Now [View article]
People Trading BIDU Also Traded… [View article]