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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (30532)4/3/2008 12:28:01 AM
From: Paul Senior  Read Replies (3) of 78627
 
Thanks, EKS. Hadn't realized that about DRYS.

I am interested in ultra deep water publicly-held drilling companies and the stocks thereof.

Had been considering adding more DRYS at $55 area if got there again. Maybe now I will just make additional adds at $58-$60.

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I have several dry bulk shippers. Stock prices have come down. I am adding to some positions-- recently for example, [t]ESEA[/t]. Fascinating how the companies in the sector position themselves in different ways: Some tie up their ships in long-term charter rates; others roll the dice and go for what the spot market offers. Some companies want growth; others are trying to provide very high dividend yields.
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