- My Very Bearish rating on BDRY was “perfectly timed” as BDRY went on a two-month tear, taking it up almost 40% since my article was published before a recent pullback.
- While negative overall, my summary did say BDRY could be a good short-term play for investors with good economic forecasting models indicating when to open and close the trade.
- As a commentator said, I am not a shipping industry expert. My analysis was based on reading BDRY’s chart and Economics 101: Supply and Demand factors. I read them wrong.
- For those interested in investing in BDRY, the Breakwave Advisors, who managed this ETF, have expert insights into this market. Any potential investor will miss the boat not visiting their website!
- I’m giving BDRY a split rating: Bearish as a Buy/Hold ETF, but Bullish as a trading vehicle though each investor has to decide if now is a good entry point.
For further details see:
BDRY Review Sent To Dry Dock For Overhaul