TRI Stock of the Day (TBSI)
June 18, 2008
TBS International finished the trading day up 10.59% to close at $41.99/share after getting pounded for the last couple of weeks. Usually when the drybulk sector starts to rally the overall market starts to head higher or has been the case so far this year. TBS was mentioned in the 6/08 investment ideas page of The Resourceful Investor http://theresourcefulinvestor.wordpress.com/investment-ideas/. TBS has a Beta of 1.92 and has an ROE of 43%. The charts show TBS is 1.64% away from breaking through its 50DMA and has an RSI of 39.
