Ahoy There,
The FFA’s are trading on very thin volume this end of week Friday,
with Capes and Supras unchanged but the Panasisters are losing
ground. The physical market again has
all three smaller indexes gaining a smidge but not the Capes
who lost a smidge. The BDI continues its
streak of small gains closing today at 874
According to the website “flyonthewall” Cantor has put a
sell on EGLE target price $1.00.
Talking with Mike Reardon the folks at Deutsche Bank are
calling EGLE a hold with a target price of $1.00. The stock closed at $1.60 so there is still a
long way down to the one dollar forecasted.
Good Fortunes
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