3SOF

I have been waiting for this group to make its move with the recent developments in oil and I believe the time has come.     Wanted to give everybody the heads up.  I will post some charts on these.

Oil Shipping stocks:

OMM  FRO  OSG  GMR  TK (these look very strong to me technically)


TOPT  VLCCF  KEX  MCX  TMM  SFL  TNP  SNSA  TMM...many more

Great info here on the group and a good place to find other shipping stocks. 
yahoo shipping link: http://biz.yahoo.com/ic/775.html

hmmm..i wonder if we will see some consolidation in this group...just a thought 

Hey Ramsburg, if you get a chance to I think this topic might go better in the stock talking board.     thx

What I noticed is shippers are more closely related to oil capacity levels here in the US, despite what the oil price does. I agree that they are due for a bounce, (I like OMM) but if you look at the causes for thier decline I think you will see that every Wed morning they took a hit, when oil capacity levels here in the US were reported to be record high levels. In my opinion this is indicative of how much speculation is already happening. As David has said, this is a bubble, and I don't mind getting involved with it as long as I realize it could burst at any time. It's all B/S, and one of these Wednesdays we are all going to realize it. IMO

Hi EliteG,

I'm very bullish on Shipping stocks as well. Like oil stocks they are traded at very low PE levels having in mind the earning growth.

Please allow me to add an exotic pick to your list: A.P. Møller - Mærsk.  

Maersk is the largest container shipping company in the world with a strong position in the tanker market as well. It is in the process of taking over P&O Nedloyd. What make it interesting though is that the other main leg in the conglomerate is Oil production and exploration in the north sea, middle east and Africa. The best of both worlds!

One warning though. the price per share is above $9500 and it is only traded in Denmark.

Cumulina might be able to help you getting hold on a few shares if your brooker can't trade Danish shares!

Mike

Mærsk is a lot of things, but I've never heard it called exotic, though 

The stock is horribly priced, buying just one would take almost all of Cumulina's pension-fund!
Off course - a couple of months ago I could have bought 2...

The company is very well run, and the owner runs a tight ship.
With the purchase of P&O,  MAERSK B will be the largest container business in the world. (I think) They are also buying harbours around the world.
Next time you are on the road, look for the light blue containers with the white star...

If you guys just deposit the money on my account #xxx.xxx.xxx, I'll be happy to purchase the shares for you! I'm a VERY trustworthy person...

Cheers!

group is doing well 

OMM -  +1.63%
FRO  -  +1.99%
OSG -   +1.20%
GMR -   +1.91%
TK -     +0.76%

When a group does well together early it can lead to strong moves.     These won't give you penny gains but if you are looking for something less risky this might be a good spot.

they continue 

OMM -  +3.10%
FRO  -  +2.29%
OSG -   +2.31%
GMR -   +3.23%
TK -     +1.95%

Who says these big $ stocks cant make you money?

OMM -  +2.54%
FRO  -  +4.75%
OSG -   +2.12%
GMR -   +3.39%
TK -     +1.35%

for the day

The best of the Oil Shipping group was TNP 6.21% wow 

Should be a strong week for these guys, imo.