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Old 11-16-2016, 06:45 PM   #1
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Default Shipping/Freight Stocks Booming

Has anyone been on this ride for the past week? I'm specifically talking about $DRYS (went from $5 to $92 in a matter of days) and some others ($ESEA, $EGLE, $SHIP) had huge increases anywhere from 20-50%. Probably still time to get in because while most settled down at closing, many are up AH and that has been the trend the past week with these.

Crazy stuff...and I don't even day trade.
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Old 11-16-2016, 07:38 PM   #2
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Default Re: Shipping/Freight Stocks Booming

I used to own DRYS. Been ogling it this week.

I'm in on biotech AUPH and we've had a great ride this week, but not nearly as dramatic.
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Old 11-16-2016, 10:20 PM   #3
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Default Re: Shipping/Freight Stocks Booming

I only trade forex, but I'm not surprised. I had sticker shock a few months back when I tried to ship an item. Shipping costs are outrageous right now even though fuel costs are low right now.
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Old 12-14-2016, 06:28 PM   #4
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Default Re: Shipping/Freight Stocks Booming

friendly heads up, buy ups. we're having a record breaking holiday season. way above projections.
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