gcrispin,
OMM...I try to forget about that one. :<)I purchased OMM around 3 and change some time ago. I held it for about six months, maybe a year, (again I'm trying to forget all this) and finally gave up. It was the only shipper that I can remember that just didn't do anything (these are usually extremely volatile). I sold and well, you know the rest of the story. I haven't followed OMM since then.
Right now, I'm watching DRYS, EGLE, FRO, GMR, QMAR and TOPT. QMAR and DRYS are probably at the top of my list to buy. I made money on NAT and VLCCF in the past, but don't follow them anymore. Short term the stocks don't always move as a group, but long term they do. So, if you probably pick a good basket of shippers you will do just fine and be very patient.
Sportsman |
