Monday, February 20, 2012

Baltic Shipping Index to Climb

More reasons to hold things like TNK...  Oversupply seen shrinking and recovery starting... Of course this is over the next couple of years.  My recco buy shipping companies monthly/quarterly and hold these for long-term dividend payments.  FRO use to pay 14 bucks a year dividend, of course the percentage will rely on the variable cost you pay.  This is why I continue to get in now.

http://www.cnbc.com/id/46451998

Happy Trading...

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