DSX: BUY BUY BUY at $30!

There are a couple of reasons why I believe Diana Shipping Inc (DSX) will take off in the near future: 1=Earthquake in China 2=Massive growth in Eastern Asian countries 3= Shortage of coal and building materials 4= Massive dividend (9.8%) 1. The recent earthquake in China was heartbraking and hard for many people to watch on TV. However, it can make you a lot of money. While the earthquake was busy destroying many homes, buildings, and lives last month, it also tore apart railways near the Sichuan province. This greatly helps DSX because it minimizes their competition. Although freight cars are cheaper because they use less expensive energy, their is no longer any way for them to reach the Sichuan province where the earthquake hit. Therefore, in order to ship steel, copper, and aluminum needed to rebuild the province, companies will be forced to charter the ships from DSX and other dry bulk shippers. This situation will also allow the companies to raise their prices in order to cover the cost of oil as well as making more profit without losing customers to train cars. 2. DSX as well as the shipping industry will additionally profit from the massive growth in countries such as China and India. Production plants and factories are going up every day in these countries, and somehow the construction companies need to find an easy way to haul all of their supplies into the country. What better way to bring supplies to these coastline countries than boats! 3. Currently, coal is used to produce half of the world's electricity due to its cheap price. With the U.S.A being the second largest coal producer in the world behind China, dry bulk shippers are the only companies that can bring coal across the ocean to the growing countries. 4. You might be asking why DSX out of all the companies in the industry? My answer to that is their massive dividend (9.8% and growing!) as well as their committment to growth. DSX has been buying more and more boats each year in order to take advantage of these profitable opportunities. They also take great care of their ships with last quarter having 99.8% of their ships in full time use. I would definitely recommend this company at a stock price of $30. The only thing to be cautious of is hurricane season. It is possible that one of their ships could be damaged in a storm and take away from their quarterly revenue. However, they have enough ships and growth that it would only be a minor setback.