drmbowen's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/331447/comments http://seekingalpha.com/article/113194-dryships-poised-to-rally?source=feed#comment-346597 346597 Mon, 05 Jan 2009 13:36:36 -0500 http://seekingalpha.com/article/112834-2009-watch-the-baltic-dry-index?source=feed#comment-346594 346594

On Jan 01 08:49 AM long_on_oil wrote:

> The best kept little secret in shipping is TRMD. If they pay the
> same dividend in 2009 they did in 2008 the current yield is over
> 11%. A great shipping company with fantastic management that has
> been in business since the 1800's.
> I own TRMD and DRYS and I am going to switch my investment in drys
> to trmd because of the dividend and mainly the management of TRMD.
>
> I have owned DRYS through all this volatility and after reading the
> recent annual report, the connection to cardiff and the way drys
> is being used, scares me.
> The highs of DRYS are much higher than the highs of TRMD but the
> volumes of DRYS is what is suspicious. On the recent comback DRYS
> daily volumes were far greater than the outstanding shares, now something
> is rotten there.
>
> I would appreciate a comment from any of you shipping experts out
> there, since I am a novice at investing in shipping companies (1.4%
> of my portfolio).]]> Mon, 05 Jan 2009 13:36:17 -0500

On Jan 01 08:49 AM long_on_oil wrote:

> The best kept little secret in shipping is TRMD. If they pay the
> same dividend in 2009 they did in 2008 the current yield is over
> 11%. A great shipping company with fantastic management that has
> been in business since the 1800's.
> I own TRMD and DRYS and I am going to switch my investment in drys
> to trmd because of the dividend and mainly the management of TRMD.
>
> I have owned DRYS through all this volatility and after reading the
> recent annual report, the connection to cardiff and the way drys
> is being used, scares me.
> The highs of DRYS are much higher than the highs of TRMD but the
> volumes of DRYS is what is suspicious. On the recent comback DRYS
> daily volumes were far greater than the outstanding shares, now something
> is rotten there.
>
> I would appreciate a comment from any of you shipping experts out
> there, since I am a novice at investing in shipping companies (1.4%
> of my portfolio).]]>