DSX, DUG and Oil Prices
Oil has not levelled off as I hoped, so DUG is down a bit.
What is surprising to me is DSX - down almost 10% in just 2 weeks.
* Not about oil. DSX is unaffected by oil prices - they pass the cost on to whoever rents their boats. This is one reason why I boat into them.
* Sector is troubled - GNK, DRYS, and DSX are all pulling back
I would pull the plug at a 15% loss, but the dividend should contribute back ~3%, so I will be a boit flexible for now
What is surprising to me is DSX - down almost 10% in just 2 weeks.
* Not about oil. DSX is unaffected by oil prices - they pass the cost on to whoever rents their boats. This is one reason why I boat into them.
* Sector is troubled - GNK, DRYS, and DSX are all pulling back
I would pull the plug at a 15% loss, but the dividend should contribute back ~3%, so I will be a boit flexible for now
posted by Andrew at
7:11 AM
2 Comments:
Is TIE a good buy or that stock is dead now.
TIE is dead for now. Boeing's 787 Dreamliner delay has really, really hurt them
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