Before You Defecate on the Boat, KNOW THIS

Some of you are beguiled by the seemingly downward spiral in the shipping sector, following my brazen FRO and GNK purchases. As if my declaration of “wanting a quick and expeditious bankruptcy in the name, so that the shares can move higher” wasn’t warning enough for the small amount of grey matter floating around in your skull.

I’ve always said, from the second I bought FRO, it was a hardcore, almost pornographic, degenerate gambler play. Since then, the stock is down 10%, amidst a general market correction. As a result, you’ve bankrupted yourself again.

Geez.

Don’t look now, but the market is trying to make me look bad, after penning such dire predictions in a previous post. As such, the lowest of the low sector on earth, the boats, are attempting to lift out from the morass of sucking.

OSGIQ is leading the charge! (LOL)

Other notable movers are FREE, VLCCF, TK, DCIX, DSX and SB.

One week returns are dreadful, most in the double digits. However, if you look at the space over 1-6 months, you will find outperformance.

In short, stop being a pansy ass and accept responsibility for your own decisions. When playing the lottery, do you get mad and throw a hissy fit, like a small girl, when your numbers aren’t chosen?

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