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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Ken W who wrote (23867)4/14/2009 10:27:50 PM
From: Ken W  Read Replies (1) of 23958
 
Just talking to myself here, but I'm still bullish on the drybulk and tanker stocks...most all have dumped their divy's, but with call writing and channel trading there is money to be made on these guys.

DRYS long term, chart wise has a 10 target...just had news, big time.
OCNF is related to DRYS as the head guy of ONCF is also related to the CEO of DRYS....
FREE is profitable, but next earnings may be a little dicy for next Q. All depends on day rates in the Dry Bulk Index, which have been improving lately. FREE is more into the shorter term rates rather than the long term charters.

I would expect some consolidation within the sector with FREE and ONCF becoming buyout targets with their total value of assets being by far more than the current stock prices, just a thought. LOL

Ken
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