Elesglar (@Elesglar) on getquin

1Mon·

Anyone with hopes for $SBLK (+3.31%) and arguments for it? I'm 27% down on this position and I'm not sure if it has good reasons to recover a bit or better reasons to keep going down. Any opinion, advise would be highly appreciated. Thinking seriously of getting out of it and looking for some other interesting companies.

3 Comments

Beavis Bilderpoop@KnifeCatcher

1Mon

Shipping in general lacks sentiment lately but, it'll be fine. I think it's bottomed out mostly. Star bulk are only down 10% on the year. Perhaps look at Norden DS, Danes. They cover both tankers and bulkers and usually have a nice dividend, comparable to sblk. They also shat a few % this afternoon but they're a good company and one of my largest positions.

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Manu@savvy_investor_569

1Mon

Dont look at the value but at the dividends, look at zim , was also 70 % down but at least i got 700$ dividends this year, few years and i got my money back+ there after free money

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