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Strategies & Market Trends : Value Investing

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From: Paul Senior4/10/2015 5:04:55 PM
1 Recommendation

Recommended By
Mattyice

   of 78667
 
DSX: Averaging down on my losing position in this dry bulk shipper. Several years of losses, and the stock is at multiyear lows. The company may be in a position to survive the bad times though - so I hope.

The stock is below the current tangible book value that I see attributed to the company. Perhaps though there might be write-offs of their ships in future if charter rates continue so low.

advfn.com
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