Hi Ray,
My guess is it was technical trading. This group has been in "over bought"
territory for a while. FRO escaped the sell off because perhaps it was
mentioned by Jim Cramer.
http://www.thestreet.com/s/cramers-mad-money-recap-stocks-that-can-take-a-hit/funds/madmoneywrap/_msnh/10417403.html?&cm_ven=MSNH&cm_cat=FREE&cm_ite=NA
--Anjan--
On Mon, May 19, 2008 at 4:51 PM, ray utterback <rayutt@???> wrote:
> Does anyone know why dry bulk stocks took a hit today?
>
> Four of my five were down (DSX -2%, DRYS -5%, EGLE -4%, OMEGA -5%, SBLK
> -2%)---only FRO was up(+5%).
>
> I searched but did not find anything. Could find nothing pertinent regards
> shipping rates.
>
>
> Ray Utterback
>
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