New year's play! ;) :D
Does anyone have time to explain the difference in the symbols BULK, BULKW and BULKU that this shipping company trades under? the W Chart sure looks the most appealing from a trading standpoint...
Happ new year to all
Cheers Joe
More Chart ;)
Excelente amigo!! ;)
but where is the Volume? Hmmm candles look good for a magic cross, but i will wait to see if it gets some volume
Navios Maritime Holdings Inc. to List Shares on the New York Stock Exchange
Thursday February 1, 4:08 pm ET
Common Shares to Trade Under Symbol 'NM'
PIRAEUS, Greece, Feb. 1 /PRNewswire-FirstCall/ -- Navios Maritime Holdings Inc. ("Navios") (Nasdaq: BULK - News, BULKU - News, BULKW - News), a large, global, vertically integrated seaborne shipping company, announced today that it has received approval of its application to list its common stock and warrants on the New York Stock Exchange.
The Company anticipates that its shares of common stock and warrants will begin trading on the NYSE commencing the open of trading on February 22, 2007 under the symbols "NM", "NM WS", respectively. As of February 22, 2007, the Company's common stock and warrants will no longer trade as a unit. Unit holders must break the unit into its constituent parts in order to trade the common stock and/or warrants on the New York Stock Exchange. Until February 22, 2007, Navios will continue to trade on the NASDAQ Stock Market under the symbols "BULK", "BULKU" and "BULKW".
"Listing our shares on the NYSE is an important milestone for Navios," commented Ms Angeliki Frangou, Chairman and CEO of Navios. "We are confident that this listing will increase our visibility among investors and analysts, and create a more vibrant market for our shares. We are grateful to the NASDAQ Stock Market for the support that it has given our shares since our listing in 2005."
"We welcome Navios Maritime Holdings to our family of NYSE-listed companies and look forward to providing the highest levels of service and visibility to the company and its shareholders," said NYSE Group, Inc. CEO John A. Thain. "We look forward to a productive, long-term relationship with the company.
Kudos Terliso
Your trust in these low volume plays amazes me!!!
How about TBYH do you have some?
Great pick on this one, are you selling yet? Target, plan? Just hit 1.73
Cheers joe
Quote from: Terliso on December 29, 2006, 11:05:21 PM
New year's play! ;) :D
On fire!! ;)
Navios Maritime buys Belgium's Kleimar for $165.6 mln
Feb 5 (Reuters) - Shipping firm Navios Maritime Holdings Inc. (BULK.O: Quote, Profile , Research) said it acquired Belgian maritime transport company Kleimar N.V. for $165.6 million in cash, subject to certain cash adjustments.
In a statement, Navios said it expects the deal to add to earnings and the purchase was funded through cash on hand as well as revolver credit facility.
Kleimar also has purchase options on two capesize vessels, exercisable for an average price of $35.7 million during the first quarter of 2008.
The acquisition gives the company strong foothold in the capesize sector, which is in great demand for transporting iron ore and coal to Asia and elsewhere, Angeliki Frangou, Navios's chief executive, said in the statement.
The company also said its shares of common stock and warrants will begin trading on the New York Stock Exchange from on Feb. 22, under the symbols "NM" and "NM WS," respectively. (Reporting by Hari Kumar in Bangalore)
Nice job, I'll be picking some up tomorrow. You know its only a matter of time before a blue sky breakout, with the move to the NYSE around the corner. Wonder how high this one will fly!! Thanks Terliso!!
Quote from: Terliso on February 05, 2007, 01:42:10 PM
Quote from: Terliso on December 29, 2006, 11:05:21 PM
New year's play! ;) :D
New year's play on fire again!...100% already ;D
broke out $1.96 resistance, blue sky baby!
Standing Ovation (sp?) to you for this pick
I took a nice 15% trade out of the middle, not holding now because i still need to do my homework to learn what warrents are.
Cheers Joe
Ohh my my... what a move for BULKW ;)
BULKW was up 28% today!
Hey Null you holding this one?
Do folks really think it will fill the gap to 5 this year, or this month :o
cheers joe
Outstanding run for BULKW, the 170% gap is now only 56% ;)
Not holding this one unfortantely :(. I want to get into the dry shipping industry because of global trends towards movement of resources and goods across the global as open world trade increases. I am going to get in TBSI most likely tomorrow. I like the fundamentals and the growth is trending upward and should continue to gain with the industry,
Applaud...
here is a possible scenario :
1. sell now (stop-loss at 3.50) Pullback up to 1.81 level
2. Buy at 1.81 / 1.44 level (stop-loss at 1.33)
by
I changed the symbol from BULKW to NM ;)
Navios Maritime Holdings Inc. Celebrates its Transfer from Nasdaq to the NYSE
Thursday February 22, 11:07 am ET
NEW YORK--(BUSINESS WIRE)--Today, NYSE Group, Inc. (NYSE:NYX - News), welcomed Navios Maritime Holdings Inc. (NYSE:NM - News), a global leader in the seaborne shipping industry and transfer from Nasdaq, to the world's leading equities market.
Navios Maritime Holdings Inc. joins NYSE-listed leaders in the shipping industry including: General Maritime Corporation (NYSE: GMR - News), Frontline Ltd. (NYSE: FRO - News), Danaos Corporation (NYSE: DAC - News) and Tsakos Energy Navigation Limited (NYSE: TNP - News).
Source: NYSE Group, Inc.
· Navios Maritime Holdings Inc. Transfers to the NYSE. Chairman and CEO Angeliki Frangou rings The Opening Bell(SM) at the NYSE. (Photo: Business Wire). View Multimedia Gallery
"We welcome Navios Maritime Holdings to our family of NYSE-listed companies and look forward to providing the highest levels of service and visibility to the company and its shareholders," said NYSE Group, Inc. CEO John A. Thain. "We look forward to a productive, long-term relationship with the company."
"This is a historic day for Navios and we are extremely pleased to list our shares and warrants on the NYSE, the most recognized stock exchange in the world. We look forward to a long and mutually beneficial relationship with the NYSE," said Navios Maritime Holdings Inc. Chairman & CEO Angeliki Frangou.
To celebrate this special occasion, Navios Maritime Holdings Inc. Chairman & CEO Angeliki Frangou rang today's Opening Bell.
About Navios Maritime Holdings Inc.
Navios Maritime Holdings Inc. is a large, global, vertically integrated seaborne shipping company transporting a wide range of drybulk commodities including iron ore, coal and grain. For over 50 years, Navios has worked with raw materials producers, agricultural traders and exporters, industrial end-users, ship owners, and charterers. Navios also owns and operates a port/storage facility in Uruguay and has in-house technical ship management expertise. Navios maintains offices in Piraeus, Greece, South Norwalk, Connecticut and Montevideo, Uruguay.
About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX - News) operates two securities exchanges: the New York Stock Exchange LLC (the "NYSE") and NYSE Arca, Inc. (formerly known as the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In 2006, on an average trading day, 2.3 billion shares, valued at $86.8 billion, were traded on the exchanges of the NYSE Group.
The NYSE is the world's largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies' common stock and other securities. On December 31, 2006, the operating companies listed on the NYSE represented a total global market capitalization of $25.0 trillion.
NYSE Arca, Inc. operates the former ArcaEx®, the first open, all-electronic stock exchange in the United States, which has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca, Inc. is also an exchange for trading equity options. NYSE Arca, Inc.'s trading platforms provide customers with fast electronic execution and open, direct and anonymous market access.
NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.
New high, currently at $8.40 :)
uc.
This thing just keeps shipping along.
uc.
NM - an undervalued stock and ready to go up.
NM is in Test Run 2:
http://www.3stocksonfire.org/trading/index.php?topic=11073.0
Along the lines of NM, I am long TBSI and EXM. I think these stocks are ready for a big run. Another one is DRYS.