Drybulkers Rise as Genco (GNK) Grows Bullish on FY13 (DRYS) (FREE) (EGLE)
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Rally in Dry Bulk Has a Hole in It, Thinks Analyst (GNK)
March 22, 2013 10:25 AM EDTSince the start of the year dry bulk stocks rallied and are higher by 49 percent on average. Yesterday a number of shippers including Genco Shipping & Trading Ltd. (NYSE: GNK) experienced strong moves to the upside. The move higher continued early on Friday. Bullishness is being tied to improving market optimism and recovery in... More
