Is it time to overweight shipping? | FRO Message Board Posts


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Msg  13483 of 13502  at  10/17/2022 5:23:34 PM  by

bulkrzzz


 In response to msg 13482 by  keebon
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Re: Is it time to overweight shipping?

3rd qtr may be good and divy smaller....These guys don't care about 3rd qtr...they care about the 1st qtr....and thats usually a disaster....
Shipping stocks may be in the single digets.....soon.shipping is movin in tandom now...
cantain. and dry bulk....both down today ...BDI is still at a decent level.....
anytime over 1700 is fantastic...big money...thats what it use to be...now ???
Not many ships being built....not many being scrapped...for yrs oversupply.
Golden Ocean has every thing going for it...can't get over $9...should be over $11+
It went from $16 to $8 in a blink of a eye...The 1st qtr is coming...and history
sez it the worst qtr...the last two yrs proved that wrong...
I wish tis thing would go up to $10...wishful thinking...
GNK ...was in the $20's....$14now
SBLK...was $30....now i stopped looking
Ohhh ZIM...was up there around $80....now $25
I held all these shippers...and knew better...its going to be a great 2ndh....yea


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