or Connect
HotStockMarket › Forums › HSM Stock Forum › Stock Message Boards NYSE, NASDAQ, AMEX › GNK - Genco Shipping & Trading Ltd.
New Posts  All Forums:Forum Nav:

GNK - Genco Shipping & Trading Ltd. - Page 21

post #401 of 444
BDI has plummeted over the last couple weeks, dropping down to levels not seen since last March. The entire sector is rigged, the average Joe doesn't stand a chance with this POS.
post #402 of 444
yea something weird out there...but glad im neither avg or 'joe' lol...

EXM up 25%
FREE up 51%
TBSI up 75%
today
post #403 of 444
did start its own party today with good volume and breakout .....

425
post #404 of 444

another nice day for the shipper.... damn look at it gooooo

post #405 of 444

moving higher... hitting new hod.

post #406 of 444
and back to flat lol
post #407 of 444

GNK down11% to 7.28 on news of a share offering at a price discount  of nearly 14 to yesterdays close of 8.21. Offering price is 7.10.

 

LOD ......7.06

 

 

http://www.sacbee.com/2012/02/22/4283494/genco-shipping-trading-limited.html

post #408 of 444
nice lol...get a break out and pps up just enough so you can knock it down yourself suspicious.gif
post #409 of 444

looking good so far this morning.

post #410 of 444
Quote:
Originally Posted by RsPeED View Post

looking good so far this morning.

bounce after some overeaction to offering maybe...sector is mostly strong today too
post #411 of 444

GNK is holding up nicely this morning.

post #412 of 444

Wow,when will the shippers turn around? GNK gets two downgrades today,one with a $5 price target and the other comes in at $4. Might be a decent lottery type of a trade sub 4's.  Anyone buying at current levels?

post #413 of 444

new 12 month low.....

post #414 of 444
yea big down day for shippers...15 of them in th red 1-22% today
post #415 of 444
Quote:
Originally Posted by BLOWRY1911 View Post

new 12 month low.....

very weak indeed

425
post #416 of 444

down over 6% again

post #417 of 444

It's really tough being in the shipping industry these days. Citi lowered the price target on GNK to 2.50.  eek.gif

post #418 of 444

WOW..... they really dropped! and i thought it was bad when i last posted in the middle of may at the low 5's  eek.gif

glad i stayed on the side lines with this one so far!  

post #419 of 444

Looks like GNK is bottoming, watching this one closely for a possible entry point

post #420 of 444

Philo,where are you looking for a possible entry?

 

I may be looking at this for a quick trade also. Usually,when an analyst comes out with a lower price target,that price is usually met,so,I am waiting for 2.50 as the minimum.

New Posts  All Forums:Forum Nav:
  Return Home
HotStockMarket › Forums › HSM Stock Forum › Stock Message Boards NYSE, NASDAQ, AMEX › GNK - Genco Shipping & Trading Ltd.