Opinion on  Genco Shipping & Trading Ltd. (GNK)     Sector: Transportation  >  Industry: Water Transportation
gnk

this is only my opinion in the longer run i still have price trgs of 45 and 68. I think selling is over done. of course youmust do your own research. Stock looks to be on trgt to post a little over $4 in eps for the year so with a conservative pe of 10 this puts the price in the 40's. thses are only my opinions. you must make your own decisions when investing.

i'll be looking for shares to rise to about 21.50 today lets see if we can get up there

we have been working through an area of congestion and we have been finding plenty of support but have been in a channel. If we can get momentum building to the upside and get through the 25-29 area i see the next possible move to the 36-39 area i don't see much in the way of resist till there. these are only my opinions. make sure you do your own work  

i stand by this call but am removing it i think these calls bring a lot of unwanted people who play against these calls so my picks will be up for a short period when i make them