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Trading with The Fly

Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,441 Blog Posts

LOOKY HERE: DRY BULK SHIPPING RATES, MIRACULOUSLY, ARE HIGHER THIS MORNING

Dr. Fly Fri Oct 4, 2013 9:08am EST 8 Comments

You suckers better start getting used to this. The BDI has bottomed and Wall St is completely oblivious to the fact that the shippers are the best engine for year over year growth in the market right now.
bdi

They’re gonna learn the hard way after earnings are released.

Top pick: BALT

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8 comments

  1. jbrennan
    jbrennan
    October 4, 2013 at 10:01 am

    still in MODN?

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  2. duckkell
    duckkell
    October 4, 2013 at 10:24 am

    BALT – riding this bitch thanks FLY!!

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  3. lanforce
    lanforce
    October 4, 2013 at 10:29 am

    I’m holding DRYS. Pray for me.

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  4. duckkell
    duckkell
    October 4, 2013 at 10:35 am

    how does the shutdown and pending default effect the shippers????

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  5. Option Addict
    Option Addict
    October 4, 2013 at 10:51 am

    I assume this means boats can’t ship to Washington.

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    • duckkell
      duckkell
      October 4, 2013 at 10:54 am

      thanks OA..it is a friday..any comedic relief always appreciated friendo!!

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  6. Option Addict
    Option Addict
    October 4, 2013 at 12:46 pm

    Duckell…indeud. Pray for my solar panels.

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    • 0 Deem this to be "Fake News"

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