Well, all I can say is...........for a crumby BDI down down 11 days in a row, we have made a ton of money with boats!
Buying more and more..........gosh.....just think....when it goes up....yah.
We are contrarian investors and momentum investors, as you know.
Jeff, the great thing about Dry Bulk Shipping stocks is that they are like trampolines. You know the whole picture....you know a lot about them, probably more than most people.
I have no worry what so ever with them. They could tank and I still would hold them. They are "that" good. Without them, the world comes to a stand still. If the world comes to a stand still, then it will take Dry Shipping Stocks to get it going again. They are the world's insurance policy.
The best part is - They are mainly Greek owned, as you all ready know (just info for readers). The U.S. doesn't have their hands in them (thank God) or they would be losing their asses and WOULD submerge.
We are in for one hell of a bad ride in the U.S. market. The administration does not like the stock market. It wants government to control everything and is repulsed by the "Stock Market" and Wall Street.
People better wake up! Big Brother is here and trying to take over.
Do you have a link to that article? I really like Forbes. The only problem I have ever found with Forbes is that they think institutionally. That is a sign for an individual investor to go the opposite direction.
I remember in 1982, Louis Rukeiser (sp?) and Mary Ann Ann Keller said to ditch Chrysler at $4.00 (or maybe it was higher). I laughed and bought it...made a small fortune (which I lost after a bad break up), along with American Airlines and Prime Computer and International Bank Notes. I also took out some warrants on something I cannot remember and scored.
Have a great night and don't let Mel chew too many trees down! Hope you have your cammie on out there in the weeds!
Thanks for stopping in tonight, I needed a good laugh!