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Baltic Dry Index

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    #31
    Lol,i can't believe gas did what it did.

    Good job on pbn,seen bnn trying to slam it down in
    an interview ,so should have known something was
    up.

    Quartermain is a genius or a liar or both.

    Comment

    • Hopperbin
      Senior Member
      • Dec 2007
      • 6562

      #32
      Did not see bnn slamming pbn, sorry to get you off your own topic but what did they say?

      Comment

      • cottonpicken
        Senior Member
        • Apr 2006
        • 6993

        #33
        It something about not hitting targets because of the
        weather we had in the spring and then if i remember
        right some sort of debt restructuring?,it was a while
        back.

        Typical bnn nonsense trying to make good resource
        companies look week,they even did it to crescent
        point once.

        Comment

        • rhoff
          Senior Member
          • Oct 2006
          • 175

          #34
          The BDI started to trend lower after the queensland flooding in Australia due to the coal exports being suspended.Then the glut of new capesize vessels started to hit the market.There is absolutely nothing new about the BDI sucking.This is going to have to grind lower for a while to convince the shippers start scrapping older ships and some to go broke.You look at the chart for GNK and you will see this has been going on for a while.it was a year ago that I sold this stock at a hefty loss.

          Comment

          • jackspratwhynot
            Member
            • Jan 2012
            • 86

            #35
            Whether you're BNN (and probably really just the guest or commentator) or "cotton" spouting off your personal analysis; you're really not much more of a genius than you give yourself credit for.

            Comment

            • cottonpicken
              Senior Member
              • Apr 2006
              • 6993

              #36
              Don't you have a pipeline to go bomb?

              Comment

              • rhoff
                Senior Member
                • Oct 2006
                • 175

                #37
                I'm not giving myself credit. I sold a shipping
                stock at a huge loss. Look at the 5yr.chart for
                Genco shipping and Trading and you will see a
                stock that fell off a cliff. I bought it originally
                because it was dirt cheap turned out it was
                because the stock is dirt. Lesson learned move
                on.

                Comment

                • jackspratwhynot
                  Member
                  • Jan 2012
                  • 86

                  #38
                  And just because someone repeats or makes up unfounded utter nonsense a thousand times; it is still utter unfounded nonsense.

                  Comment

                  • rhoff
                    Senior Member
                    • Oct 2006
                    • 175

                    #39
                    JackSprattHowCome what is unfounded?I told you to look at a chart.Did you?

                    Comment

                    • hobbyfrmr
                      Senior Member
                      • Feb 2008
                      • 3178

                      #40
                      Hopper in suggested PBN not too long ago. I
                      scrolled down but could not find it. I did nothing
                      about the recommendation but loosely followed
                      petrobaken rise in share price. I know it was on
                      here because I told the trading neighbor, he did
                      not like it can't recall why, he preferred precision
                      drilling at the time. Petrobaken has performed well
                      since the suggestion.

                      Comment

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