The Chinese stimulus plan seems to have excited quite a few dry plays- EXM, EGLE, ESEA, etc.With miner Vale continuing to pursue the Valemax strategy to transport ore (though not directly to China),I guess, I'm not sure the dry bulk shippers automatically benefit from the benefit, but traders are likelymaking a connection, and that provide momentum to cheap under-$1 and under-$5 shares. Hindsight now, but it would have been helpful to have at least a teaser position in one or two dry bulk ideas. Thoughpenny stocks, most of the the dry bulk companies trade on major US exchanges.No idea what caused PSEC's whackdown yesterday (9/17), but it is regaining some of of its drop.
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