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Strategies & Market Trends : The Aristocrats(tm): Bellwether's Shipping Stocks Revue
DHT 13.03+1.2%3:59 PM EDT

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To: sense who wrote (12)2/10/2012 11:31:25 PM
From: sense   of 43
 
2012 May Bode Well For High-Risk Shippers (Seeking Alpha)

So far in 2012, several of the shippers have outperformed the broader market. Along with homebuilders and financials, the shipping industry has been one of the best performing industries in the first three weeks of the year. This, of course, follows what will likely go down as one of the worst years for the shippers.

Within 2011, several shippers fell by as much as 80 percent. Shipping still remains one of the most volatile industries. Many shippers have high levels of debt and betas, with extreme sensitivity to changes in global demand.

Below are (Ed. Follow This Link to see) equity performance review statistics for seven publicly traded, high beta, low price shippers: DryShips (DRYS), Eagle Bulk Shipping (EGLE), Excel Maritime Carriers (EXM), Genco Shipping (GNK), Navios Maritime Holdings (NM), Overseas Shipholding (OSG) and Paragon Shipping (PRGN). I have included their 1-week, 2012-to-date, 3-month and 6-month share performances.
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