Results 1 to 4 of 4

Thread: Shipping/Freight Stocks Booming

  1. #1
    Heisman Candidate ColaCock's Avatar
    Join Date
    Sep 2005
    Location
    Tampa
    Posts
    15,555

    Default Shipping/Freight Stocks Booming

    Has anyone been on this ride for the past week? I'm specifically talking about $DRYS (went from $5 to $92 in a matter of days) and some others ($ESEA, $EGLE, $SHIP) had huge increases anywhere from 20-50%. Probably still time to get in because while most settled down at closing, many are up AH and that has been the trend the past week with these.

    Crazy stuff...and I don't even day trade.



  2. #2
    Household Name Legalman72's Avatar
    Join Date
    Dec 2009
    Location
    Anderson
    Posts
    6,807

    Default Re: Shipping/Freight Stocks Booming

    I used to own DRYS. Been ogling it this week.

    I'm in on biotech AUPH and we've had a great ride this week, but not nearly as dramatic.

  3. #3
    4-Star Rex123's Avatar
    Join Date
    Jan 2013
    Location
    Charleston
    Posts
    260

    Default Re: Shipping/Freight Stocks Booming

    I only trade forex, but I'm not surprised. I had sticker shock a few months back when I tried to ship an item. Shipping costs are outrageous right now even though fuel costs are low right now.

  4. #4
    Raisinballin' taylorssc's Avatar
    Join Date
    Aug 2009
    Location
    Anderson
    Posts
    8,209

    Default Re: Shipping/Freight Stocks Booming

    friendly heads up, buy ups. we're having a record breaking holiday season. way above projections.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •