Good morning fellas,
Sorry if I asked you all this before, but I've been watching the dry bulk shipping cos lately and they all seem to trade within 1-3% of eachother.
That being the case I think it would be easier and more wise to buy an ETF of them so that you get the full range of companies while diversifying a bit within the sector.
So the question: Is there an ETF that operates solely in Dry Bulk Shipping companies??
Look at this page closely!
http://www.smurfit.com/asp/locateus.asp
Then read the rest of their website....
Hey Shots -Originally Posted by ShotsII
Good to see you!
Yes there are shipping ETF's , but I don't know if they are all drys. Check with your broker, because there is likely a bunch of different ones. You can google around.... with dry bulk shipping etf.
You should have access to them with your software...I presume...depending upon who you use for an online broker.
Bill
Again, its (SEA)
Ceiling around 12.00 right now
SEA...SEA...SEA... (implanting that in my brain). I only have two brain cells left and they are out trying to ambush each other, lol!
Good morning, Jim!
I hope you day is great! (Eubonics)
What a market..... I hope it breaks down for a while... I am ready to buy cheap!
Bill
Be patient, market is a little top heavy right now, I think,
Come on SIRI you @#@#& turd!!! I dare you to go to .30!!!
OCNF do it!!!! 1.00!! Just go there!!
Back at you Bill!!
Thx Bill and Dread.
You guys are incredibly helpful, as always.
Looks like you and I have similar price targets on like stocks.Be patient, market is a little top heavy right now, I think,
Come on SIRI you @#@#& turd!!! I dare you to go to .30!!!
OCNF do it!!!! 1.00!! Just go there!!
Back at you Bill!!
I hope you're able to buy them both at target! (cuz that means I can also.)
BTW, I know you all think GWGI was a pump n dump, but the company has released two statements in the past week about the gas well they just dug in Texas. They are testing this week to see if the well produces useful gas.
If it does, they are slated to drill like 7 more wells on the same property.
Finally, the property they are drilling on is well known for having productive wells.
That is the synopsis of the press releases I read about GWGI. Look into it.
And of course, DYODD.
Looking to average down here. What's the buying point on this one? Feeling 1.20 - 1.30 range will happen by the end of the day.
Another good buy to look at is HOV. I feel it's more of a LONG, but HOV made me plenty of cash a year back. Not the best industry to be investing in at this point, but history repeats itself and the housing market will soon enough deliver.
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