Member @drummonddrive pointed out some recent movement in some of the shipping stocks. As many of the stocks within the shipping sector have the potential for explosive gains if/when the momentum traders begin to engage the sector, I’ve covered some of my favorite setups in the sector at this time along with buy triggers & price targets. The following stocks are covered (although not in this order): KEX, SFL, TGP, GLOG, GMLP, GOGL, TOO, SSW, FRO, STNG, SALT, DHT, EGLE, TNK, TNP, NMM, NAT & SEA.
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Randy – this is a possible long term income trade for those interested (or maybe just a relatively short swing trade, I can’t say but that is a separate issue) – at this time – FRO yield is 12.9%, TNK yield is 10.53%, GMLP yield is 12.83%, SFL yield 9.56%, SSW yield 7.35%…the others on your first list are less…I wonder about K-1’s…