Streetinsider.com's Hot Lunchtime Reads 03/21: (GOOG) (DRYS) (ORCL) (SVU) (CAT)

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Rally in Dry Bulk Has a Hole in It, Thinks Analyst (GNK)

March 22, 2013 10:25 AM EDT

Since 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