Two New Sharebuilder Trades

by golbguru on September 4, 2006

Extending my learning into high-dividend stocks this week. Bought these:
1. Genco Shipping and Trading (GSTL)
2. Nordic American Tanker Shipping (NAT)
GSTL shows a dividend yield of 10.80%, while NAT shows a dividend yield of 11.80%. Sharebuilder analyst rating for NAT is 3.5 (sell), so I am probably going to loose money on that one. But since I am still playing with more of the free Sharebuilder bonus, I am going to take that chance. Plus, like most other PF bloggers, I am not going to sell this soon.
Any insight into this from the investing gurus?

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>