Blog > Editor's Pic > TFN Editor’s PIC: Diana Shipping Inc. (DSX)
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TFN Editor’s PIC: Diana Shipping Inc. (DSX)

Posted September 2, 2008

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As post-Olympics China’s steel plants and factories kick back into gear, dry bulk carriers can count on increased business.

by Laura Cadden, TodaysFinancialNews.com

Baltimore — (TFN): Back in May, I recommended China Cosco Holdings Company (CICOF:PINK) and to my chagrin, it’s taking its own sweet time moving up.

But I have a (cautiously) optimistic outlook for dry bulk shipping for the final quarter of 2008.

China is resuming business as normal and that means shipments of coal, iron ore and other industrial metals.

Then you have the harvests from the Northern hemisphere ready to be shipped out.

This time, I’m turning to the much-discussed (and recently low-priced) Diana Shipping Inc. for quick gains.

I recommend you buy shares of Diana Shipping Inc. (DSX:NYSE) under $28 for gains of over 10% by December 1.

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