| Shipping: Three High Risk, High Reward Options Andy Wang submits: With the Baltic Dry Index (BDI) clearing a 52 week high finally, now at 4381, the situation for beaten down shipping stocks has not looked this promising for all of 2009. My personal index of shippers is now up over 15%, and there is little sign of it stopping. Indeed, approaching the end of year, there could be additional pressure on shippers to book December early.The market was choppy Tuesday, with more shippers down than up. As usual in this case, it is logical that some of the leaders are being sold and the cash moved directly into the laggards. This either indicates maturation of the sector move, or the end of one wave of the move. During this time, if the 2nd tier survive their advance, the former leaders will take off again, if not, there will be a more general retreat across the board in shippers. If and when the next wave comes, if one over-commits to the 2nd tier, it usually is hard to take profits on the 2nd tier in time to get the money into the leaders again, so one has to think out their strategy ahead of time. In my case, I moved out of the leaders entirely, playing smaller names such as PRGN and FREE, but holding lots of cash and watching for bargains and risk-reduction in GNK, DSX, and EXM.Complete Story » seekingalpha.com |
Hexcel Corporation Q4 2009 Earnings Call Transcript Hexcel Corporation (HXL)Q4 2009 Earnings Call TranscriptJanuary 28, 2010 12:00 pm ETComplete Story » seekingalpha.com |
General Dynamics Corporation Q1 2010 Earnings Call Transcript General Dynamics Corporation (GD)Q1 2010 Earnings Conference CallApril 28, 2010 11:30 AM ET Complete Story » seekingalpha.com |
U.S. Presses the Airlines to Satisfy the Traveler Passengers would receive as much as $1,300 for being bumped and would have 24 hours to cancel reservations without penalty under the proposal. travel.nytimes.com |
Toyota Racks Up Recalls as Automakers Adopt More Proactive Safety Stance Money Morning submits: By Kerri Shannon Toyota Motor Corp. (NYSE: TM) added another set of recalls last Thursday to its rocky year. Toyota announced it needed to repair 1.66 million autos worldwide for brake-fluid leak issues. The newest development brings the total number of Toyota vehicles recalled worldwide in the past year to about 14 million.Complete Story » seekingalpha.com |