Money has been rotating into shippers. The group has seen some lovely moves, today especially. As I mentioned earlier, I am long EGLE, the most ultraviolent of the shipping stocks. However, many of the other charts piqued my interest, as did their performance inside The PPT as of late.
Here’s a link to the charts:
How impressive is that 3 day move in VLCCF? That’s pure momo right there.
Top picks: EGLE (obviously), NM, HOS, BALT, SSW, and TDW
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just in case you were wondering or In case any of you have followed and/or traded STSI . There new ticker will be RCPI
http://www.timesdispatch.com/business/local/star-scientific-changing-its-name-moving-to-fla/article_4f447fc4-eb2a-11e3-89c1-001a4bcf6878.html
*I do hold 1/4 position adding back share 05/22/2014 at 54 pennies
(this little biotech has been very good to me over the yrs.. a JA pick from years gone by)
I did not post this most recent entry/exit although I have on many other occasions.
here:
05/22/2014 YOU BOUGHT
85517P101 STAR SCIENTIFIC INC
Cash Shares: + * Price: $0.5398
(a quick flip 6 days later..)
05/28/2014 YOU SOLD
85517P101 STAR SCIENTIFIC INC
Cash Shares: -15,000.000 Price: $0.6349 Amount: $9,515.32
Pushing pennies..(?)
😉
^not at all related to ships, but hey, it could be shaping up.
Then again I don’t know?
‘Got D@mn'(sic)..
I should have made these comments under your ‘Dumpster Hopping’ post.
Raul- is Sooz your stalker?
Sooz hustles hard to put her baby babies through college. If she stalks me, she’s good because I haven’t seen her on my security cameras yet.