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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Fintas who wrote (2074)10/13/2014 7:06:07 PM
From: Fiscally Conservative  Read Replies (1) | Respond to of 26417
 
Are they throwing the 'baby out with the bathwater' regarding DRYS ?

The trading reflects lack of confidence, no doubt.
The stock is down over 50% from recent weeks. That alone would make one stand up and take heed.
What the; " F---K " !!

BDI suffers from a deflationary spiral, imo.
Where the BDI currently sits has to make one question the Why.
Is Europe and China the cause.
Will the BDI turn up in the near term?
Will interests rates ?
Is there a correlation between the two; BDI and Interest rates ?

The road is far from clear. If anything, one must wonder if taking a stake here is prudent at all.
I'm Long but very unhappy