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Strategies & Market Trends : Value Investing
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To: Mr.Gogo who wrote (46470)2/6/2012 3:57:00 PM
From: Area511 Recommendation  Read Replies (3) of 78748
 
Nice move in some of the shippers today (e.g., PRGN up 30%). Anyone know why (not that I'm complaining)?.

finance.yahoo.com;

I do think PRGN, BALT et all are very cheap if you expect any reversion to the mean on shipping rates.

But the supply demand picture is still dire.

tradewindsnews.com

Maybe a glimmer of hope in that recently it appears that demolition capacity taken away may exceed new build capacity brought on line): files.irwebpage.com
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