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  • Four Shipping Stocks To Ride The Dry Commodities Boom [View article]
    You are too late. Those of us that have been in the shipping stocks for the last four or more years know the fleet growth is outstripping the demand rapidly at this point. Look at the long term chart for WS spot rates, look at the FAA market (futures). Read the IV (www1.investorvillage.c...;pt=m)message board for FRO and get a good understanding of this industry. To quote one insider, working for a well-known shipping broker, "The valuations in the tanker stocks are astonishing, when the market is now, finally, on the cusp of the tonnage supply story manifesting itself, after passing through the 2002-inspired pause in deliveries in 2006. "

    There is no substitute for doing your own research.
    May 29 23:02 pm |Rating: 0 0 |Link to Comment
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