Genco Shipping & Trading Limited New (Marshall Islands) (NYSE:GNK)

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  • gmj: $TNK, $GNK,$STNG shippers wkng own $TNK
  • scottrades: ...
    $GNK Shipping stock
    $SFL Long base. Watch 11.80
    $ZIM trying to come off the bottom
    $SBLK Short base
    $TNK Another Oil and Gas
    $LLY Broke out yesterday
    $ANET Down near the 50 Day

    Let’s have a great day!

    Scott
  • mharps: $GNK $ ZIM nice moves
  • Justhanging48: @mharps $GNK I like $GNK especially with the upcoming div.
  • mharps: $GNK strong earnings, strong dividend may add today
  • stairm01: $ZIM $DSX $NMM $EGLE $GNK $TNK Some shippers are breaking higher from a consolidation area. Is there one of these that catches your eye? Maybe EGLE DSX TNK? I'm long ZIM from last week. Nice move today.
  • AboveWater: @stairm01 $ZIM $DSX $NMM $EGLE $GNK $TNK I've been long PXS and and added again this morning, it is getting extended and move staggered stops up to protect profits.
  • mharps: @yieldhogs added some shippers to long term sep $DSX, $GNK, $SBLK all quarterlies and yield do vary but all substantial
  • Docoof: @JKI $zim As you said, a lot of shippers taking a hit today: $PANL $SB $GRIN $EGLE $GNK $SBLK $ESEA $GOGL There doesn’t seem to be any news that suggests why. Alas, no insight. [Edit: See Henry’s post. 😬]
  • Henry: @Docoof $zim $PANL $SB $GRIN $EGLE $GNK $SBLK $ESEA $GOGL The Baltic Dry Index has fallen 25% in just over 2 weeks.
  • JKI: @Henry $zim $PANL $SB $GRIN $EGLE $GNK $SBLK $ESEA $GOGL Thanks for the information, much appreciated!
  • sgiseller: @Henry $zim $PANL $SB $GRIN $EGLE $GNK $SBLK $ESEA $GOGL getting ready for war in the baltic?
  • debeers: DSX@Pokersmith- here's a reality check: The shippers have all done well but before you get blown away with the freakin' 5% increase in the dividend, how about we look at a sampling of the shippers divvies??: $SBLK has a 23.81% divvie $$DSX increasing the divvie 5 whole percent means the divvie is now 18.31% up from 13.31% $GNK has a 12.41% divvie $GOGL-for whatever reason at various times the forum fave is 12.74% $DAC has a divvie of 3.62% Which would leave who? Oh, that would be $ZIM who pays an annual dividend of 32.05% Which one do i have? Oh, that would be $ZIM. i cann only suggest which shipper y'all should be in of course but if you are the Roach Motel of Money where the money goes in and doesn't come out.......well then $ZIM is the one we want.just imo of course
  • Pokersmith: @debeers $SBLK $DSX $GNK $GOGL $DAC $ZIM Divie is a nice kicker to have for sure, but ... I prefer a stock with technical /price and volume action might 💪 Though not a bad thing, a divie can be blinding....imho
  • Pokersmith: @debeers @Kbrowe $SBLK $DSX $GNK $GOGL $DAC $ZIM Being an Israeli company and the pay out notwithstanding, $ZIM chart is not the healthiest of the fleet of picks in this industry. Just saying...do your dd.
  • woodman: @debeers @bilipi #Shippers - Some nice consolidation in the shippers: $ZIM $EGLE (both as mentioned in this strand and ones I've owned). Also $GRIN (another old fav of mine) $SBLK $NETI $SB $GNK. And These two have a decent uptrend taking place: $INSW $ASC. Others in the sector may be worth taking a look at too.
  • bilipi: @woodman $ZIM $EGLE $GRIN $SBLK $NETI $SB $GNK $INSW $ASC #Shippers Thank - you for that and for $GRIN of which I've trading up and down its same wedge channel at least three times now . When you come back in we'd love yo see your SWING style . best to you , Will Yo ! Philly
  • Docoof: $GNK This shipper is rocketing today! (np)
  • woodman: @Docoof $GNK - I posted some of this re #Shippers in a strand below. Re-posting, plus a little more content: Some nice consolidation in the #shippers, see $ZIM $EGLE $GRIN (ones I've owned) and $SBLK $NETI $SB $GNK. And these two have a decent uptrend taking place: $INSW $ASC. Others in the sector may be worth taking a look at too. Also, $PANL - another one I've owned - is breaking out.
  • woodman: @Docoof $GNK - article in Forbes about $GNK. Dry Shippers should be pretty good.
  • Docoof: @woodman $GNK $ZIM $EGLE $GRIN $SBLK $NETI $SB $INSW $ASC $PANL #Shippers #shippers I typed this out and was ready to post but now I see I’m too late: One of your favs (I think) not mentioned in your earlier post is also having a good day and at a 1-yr high: $PANL
  • bilipi: @Docoof $GNK $ZIM $EGLE $GRIN $SBLK $NETI $SB $INSW $ASC $PANL #Shippers #shippers We could really use those setups in advance for the triggers ( warm smile ! ) .... easy peasy pumpkin cheesy
  • bwcarnation1: @woodman $GNK $ZIM $EGLE $GRIN $SBLK $NETI $SB $INSW $ASC $PANL #Shippers #shippers $BOAT get them all!
  • rnrdallas1939: @DAN $EGLE $GOGL $GNK SBLK a fat thumb also brought me to $GOGL but then I looked around for other bulk shippers, not container shippers. Nice dividends. Bulk shippers move coal, corn, wheat, soybeans, timber, etc. Things that are in the news and the financial letters every day. The moral of the story is that if you make a mistake look around you might see a limping gazelle going by.
  • DAN: ...
    $GNK forming base.
    $EGLE -- Ceiling at $70. Alert $71
    ATL:

    $GOGL -- Needs a rest. Consider selling this now. I will keep this on the list to track for a bigger move, but this should take a while to build a higher base. I’ll raise the sugge ...
  • Docoof: Shipper doing well today: $EGLE $GRIN $GNK $PANL
  • zeddie1: $ZIM $GNK $SBLK $CMRE Shipping stock up 3-5% midday.
  • issues: @zeddie1 $ZIM $GNK $SBLK $CMRE Thank you for the reminder. I bot $ZIM and $EGLE. We own $CPLP, and $GOGL
  • Docoof: Wow! $SBLK $GOGL $GNK $PANL $EGLE $SB Shippers/Bulk Shippers
  • snowbound: @Docoof $SBLK $GOGL $GNK $PANL $EGLE $SB ... not sure how $GWW fits in but it broke form .
  • wanda1616: @Docoof $SBLK $GOGL $GNK $PANL $EGLE $SB weird how $ZIM is not participating at all. wonder why
  • DAN: ...
    $GNK -- Long base breakout.
    $TGT -- One to watch, not buy.
    $MUR -- Great uptrend. Hope for a drift back to the 50dma
    $BG -- Same trend. Hope for pullback.
    $EXR -- REIT (Industrial). Probably needs more work. Relatively slow mover.

    Aerospace/Def ...
  • sierramp: $GNK break out, #YIELDHOG div raised, currently 12.56%
  • wanda1616: @sierramp $GNK #YIELDHOG wow. missed that boat
  • duf01: $GNK Dry bulk shipping, extend. 36.9 m shares
  • bRobert: @duf01 $GNK Following the commodity heavy metal trade
  • woodman: I posted yesterday on #Shippers which continue to do well and, additionally, have been moving higher on earnings - at least from what I've seen among those reporting. Yesterday's strong action off of earnings was seen in $GRIN up 20%, $SBLK up 10%. Others not yet reporting still doing decently. $GNK had a nice day yesterday, coming out of a flag (earnings 2/24 bmo). $PANL (which I have) is just moving above some resistance out of flag type consolidation. $SB working on a flag. $GSL pullback to 20d is worth watching for a bounce. I also still have $CMRE, which has been a slow but reliable climber of late, and a little $ZIM. Fishing in this sector may reveal others that catch your fancy.
  • woodman: @humble $ZIM - #Shippers doing pretty well overall. I do have some $ZIM, but those that reported earnings are doing especially well today: $GRIN up 20%, $SBLK up 10% (from as high as 14% today). Others not reporting still doing decently. $GNK strong today (earnings 2/24 bmo). I still have $CMRE, which has been slower to climb. $SB moving up out of little flag. $PANL out of a little consolidation. $GSL pullback to 20d, still deciding what it wants to do. So there are some options in the group.
  • woodman: @gt $CMRE $GRIN - my #Shipping #Shippers list includes that as well: $ZIM $CMRE $GNK $GOGL $GSL $EGLE $ESEA $SBLK $SB $SHIP $DAC $NMM $MATX $GRIN.
  • gt: @woodman $CMRE $GRIN $ZIM $GNK $GOGL $GSL $EGLE $ESEA $SBLK $SB $SHIP $DAC $NMM $MATX #Shipping #Shippers ty. many looking perky
  • woodman: @gt $CMRE $GRIN $ZIM $GNK $GOGL $GSL $EGLE $ESEA $SBLK $SB $SHIP $DAC $NMM $MATX #Shipping #Shippers - I agree.
  • Kid2old: $GNK Two day pull back, moving up a bit off today’s low. @DAN was "one to watch" on 081021. Opinions?
  • DAN: ...
    $GNK -- One to watch. I wouldn’t buy it just yet.
    $BGFV -- Still in consolidation. But a breakout above $25 would be a good sign.
  • Bridget: $GNK consolidating nicely within a strong uptrend
  • JosephM: $GNK...dang
  • JosephM: $GNK..stopped. oh well, small position.
  • scottrades: @JosephM $GNK Bummer, all the shippers are pulling back today.
  • JosephM: @scottrades $GNK not about the outcome, about the discipline.
  • bRobert: @scottrades $GNK Material world breather. Same for their Uber
  • scottrades: $GNK Great volume today and holding the move higher. Look for a strong close.
  • Richlion1: @scottrades $GNK Scott any ideas on why the market suddenly sold off more than usual.
  • BocaRick: @scottrades $GNK watching $DSX too
  • scottrades: @Richlion1 $GNK I don't see any headlines.
  • Babutters: @Richlion1 $GNK only thing I see is yellen recommending WH push for higher taxes on corporations and wealthy (CNBC).
  • bRobert: @BocaRick $GNK $DSX $GOGL
  • scottrades: My #Swing notes: $SPY Back in the chop zone. Let's be patient. The setups will come. $QQQ Looking for a bounce trade. #Bitcoin Wild action. Weekly Double Top? #Ethereum ATH and then reversed. $GLD Bumping against the 200 SMA $XME Downside reversal on volume $XRT Up on Low Volume, Down on High volume. $XLE Downside reversal. Oil and Gas Stock coming back in to support. $AAPL At the 50 Day. $AMZN At the 50 Day and 200 Day/ $MOS In trend but choppy $CPE Breakouts continue to fail. $HZO Chart of the day from a few days ago. You should have sold some today or stopped out of some. $SBSW Back to support. Want to see it hold up here. $BBY Mentioned the other day. Great volume on the move but extended now. $GNK Watching 17 $ZIM Back to the 8EMA $DAC Watch 57.60 $WMS Still in trend. Earnings May 20
  • KSOWTER101: ...
    Since I have not followed this market area, I took a couple of small trial positions- earlier last week to see how they develop-$GNK, $NM- $BDRY
    The overall LARGER sector ALSO has positive price BASING action and trying to Trend up-



  • greenpatrol: $GNK just triggered an inside week and up at $10.67
  • bRobert: $BDI $GNK $NM $DSX $ANW $GNRC BDI up. Looking at shippers. GNRC generators not on groupon. Soaring
  • bRobert: $HD $LL $GRUB $ANW $SB $GNK $NM HD Nice pop MACD ADX cross. W pattern. Long OCT 155 - 160 call spread, Call leaps. LL Grub moving. High upside targets. Shippers moving.
  • issues: @bRobert $HD $LL $GRUB $ANW $SB $GNK $NM Which ones did you buy or are holding?
  • bRobert: @issues $HD $LL $GRUB $ANW $SB $GNK $NM Holding HD LL GRUB ANW GNK . Holding them. Not trading them. Large upside targets for LL GRUB. Now in sideways consolidation. High short interest
  • bRobert: $CZZ $GNK $NM $SB $ANW Still sweet on CZZ. Target 9.2 Bulk shippers and related. Perky, Something has to move that copper
  • bRobert: $GNK inv head and shoulder target met. 30% move . Nice cup with possible higher targets. Sold partial and will look to reload on dip.
  • bRobert: $gnk Cup/handle. Baltic index soaring
  • bRobert: $GNK $DSX $NM Baltic dry index uo 50% in last month. Moving towards yearly high. Shipping stocks still far off their peak.
  • spmeyers: @Bridget $NAT I'm short $GNK and SBLK
  • woodman: #Shippers - swing trade potential here: $NVGS $GOGL $SBLK $ASC $GNK
  • woodman: #Shipping has been moving in the right direction. Looking at their weekly charts, many appear still to have have plenty of room to move higher. I looked at their weekly charts to decide whether I like the 30,000 foot view and direction and whether it looks like there is more in the tank with space to move higher. Of those, I looked at the daily charts to see whether now is a good time to enter or if I need to wait. Using the weekly and daily in this fashion is something @Dan has discussed many times. When I took a look, I liked the weekly charts for $GNRT $GOGL $SBLK $SB $SALT $ASC and $GNK. But I don't want to buy any of them right now. They all seem extended on the daily. I don't have a position in any currently, but will watch for an entry in one.
  • spmeyers: $GNK breaking out, but probably best to wait for pullback
  • spmeyers: bulk shippers looking nice on upgrade from Morgan Stanley, but seems better to wait for pullback -- $GNK $SBLK etc
  • efrain007: @Dan $GNK My alert went off on this $12.25. One of the few shippers with a nice chart. Hesitant on buying though since it's up 5 days now. What do you think?
  • spmeyers: shippers rocking: $GNK $SBLK working
  • EasyOut: @spmeyers $GNK $SBLK $DSX also.
  • champ: @Aragorn -- You see $GLBS up 130% $GNK and even $DRYS but it has had a really bad tape and I added to this loser.
  • stairm01: @champ $GLBS $GNK $DRYS Added to $DRYS at $2.00 this morning missing the bottom. Too busy making money in $AMZN and watching it. Champ, thanks for your many ideas and openness to share here. I like your stile.
  • Gracie: $GNK Another shipper popping
  • Bridget: $GNK another shipping company moving up fast
  • carefree: $DRYS $GNK $EGLE $ESEA $TOPS $SBLK $ASC $STNG Just about all dry bulk shippers up many in double percentages.
  • champ: $GNK climbing hard up 60%....might be to late...?
  • janner0814: @champ $NAT Something is DEFINITELY happening in this sector. NP. $EGLE $GNK http://tinyurl.com/shipping20160827 Also in the industrial sector to be considered is International Paper $IP. http://tinyurl.com/ip20160715aragorn
  • janner0814: @Tr8dr $EGLE Perhaps choosing a familiar stock off the top 10% of Fav index (e.g. NASDAQ) in the mode of the 59-minute trader.? That's what I used to do. However I am not Judy. 😊 CAVEAT: 😔 if you are to do this consider having a liquidity screen. Notice many of the high percentage moving stocks are LOW liquidity types. Please refer to the embedded graphic. Notice that $GNK is a shipping firm similar to $EGLE, is also moving. As a rule of thumb if the shipping sector is doing well, that is somewhat of a positive tell on the economy. Or it may be just a short-term blip. http://i.imgur.com/wtguH2B.png BTW, Don't bother waiting for the news, on the potential, "hot sector"..... by the time you read about the given hot sector, via the #NEWS #CNBC #BLOOMBERG #BRIEFING), it'll be too #late.
  • Gmoore: @janner0814 $EGLE $GNK #NEWS #CNBC #BLOOMBERG #BRIEFING #late On what site is your Fav index?
  • janner0814: @Gmoore $EGLE $GNK #NEWS #CNBC #BLOOMBERG #BRIEFING #late My "favorite sites" are not websites, but trading platforms: * #TOS (left side of graphic) * #Telechart 2000v7 Gold (Right side of graphic) For the #TOS Top 10% Go to: >Watchlist >Top Ten >Top 10% Nasdaq (see embedded graphic).
  • msb: $GNK - looks like a good entry point.
  • DragonFly: $GNK -DRYS - shippers hot today! I have a basket for 2014.
  • ajitsuthar: $GNK @DragonFly..Is there any $ETF for shippers?
  • DragonFly: PARTY- well, I'm late to this party but I bought starter positions in $GNK, $DRYS, and JCP. Plan - to hold for 2014 and see where they go. Yearly charts look very promising.
  • Tim S: Notable earnings after Wednesday's close $ACLS, $ACXM, $ALNY, $ALSK, $AMTG, $ANDE, $ATO, $ATVI, $AWAY, $AWK, $BALT, $BIOS, $BKD, $CBS, $CECO, $CKP, $CLR, $CODI, $CPE, $CTL, $CVG, $CXO, $CXW, $DCTH, $DGIT, $DK, $DVR, $DXCM, $ENS, $ERII, $EVC, $FLTX, $FTK, G, GA, $GNK, $HIMX, $HNSN, $HT, $INWK, $IO, $LPSN, $MAA, $MDLZ, $MKL, $MRIN, $NDLS, $NVTL, $OAS, OILT, $OSUR, $PDLI, $PHH, $PMT, $PMTC, $PRI, $PRU, $QCOM, $RIG, $RJET, $ROSE, $RST, $SCTY, $SLCA, $SN, $TCAP, $TEG, $TPX, $TS, $TSO, $TWTC, $UHAL, $WAC, WES, $WFM, $WG, WTI
  • ginny: $GNK and shippers up
  • prockow: $NAT - $GNK also doing well,whats up ?
  • prockow: SHIPPERS - I agree with $NAT, also took a position in $GNK and DRYS(when it was below 2.00 ) $GNK having a nice day today.
  • rdxshooter: $GNK - continuing the @zig zag. I will add on a break above 4.24 (cost basis 3.31)
  • rdxshooter: $GNK - Took this one as a long term hold in my IRA (Cost basis 3.35). I will add if it post a higher on this pull back.
  • rdxshooter: $GNK It is up against resistance here. If pushes up through 4.25-4.30ish I think it has legs.
  • rdxshooter: $GNK Continuing its upward march in phase 3
  • woodman: $NAT - wow, shippers are on fire - $GNK and $DSX to name a couple more. No position.
  • rdxshooter: $GNK Posted on this one the other day as it tested the breakout level. It is now in phase 3
  • rdxshooter: $GNK - Bounced off the breakout level (also the 50 DMA) after the test.
  • Big D: Quick check on Earnings After the Close, today Wednesday or Before the Open tomorrow, Thursday: $ABC, $ABX, $AFFX, $AHT, $ALKS, $ALL, $ANSS, $APA, $ARIA, $ARQL, $ATK, $AVG, $AXS, $BBG, $BCE, $BLT, $BMC, $BRY, $BYD, $CACI, $CBM, $CBOE, $CCJ, $CEVA, $CI, $CJES, $CLDX, $COHR, $COT, $CRIS, $CTRX, $CVC, $CWH, $CZR, $DRE, $DX, $EEP, $EL, $ELLI, $END, $ENH, $EPD, $ESS, $ESV, $EXAS, $EXH, $EXTR, $FBN, $FCH, $FSLR, G, $GAS, $GBX, $GEO, $GGC, $GGP, $GNK, $GTAT, $GTIV, $GTLS, $GWR, $HEES, $HNSN, $HOS, $HSC, $HSH, $HT, $INCY, $IPI, $IRC, $IRDM, $IVZ, $JKHY, $K, $KEG, $KRA, $KRO, KSWS, $LBTYA, $MD, $MDU, $MET, $MPC, $MRGE, $MTG, $MUR, $NBIX, NGLS, $NIHD, $NPSP, $OCN, $OIS, $PDCE, $PEG, $PES, $PKD, $PMTC, $PVA, $PXD, $PXP, $RGLD, $RGR, $RRD, $SE, $SFY, $SHOO, $SM, $SNE, $SNI, $SPR, $SU, $TDC, $TE, $TEVA, $TMH, $TREX, $UNM, $UPL, $UTHR, $V, $VC, $VICL, $VMC, $VNR, $VNTV, $WNC, $WNR, WPI, $XOM, XYL
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Stock Price $20.80
Change 1.22%
Volume 475,170

Genco Shipping & Trading, Ltd., transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels.

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