1.

NM share price should not trade less than 75% for last year’s highs
based on contract guarantees.   99% for 2008.

Top link 10/13/08
http://www.navios.com/Newsroom/default.asp

Forward looking 6-12 months this stock is way over sold!  $4-$5 share
price seems much more reasonable for this current market based on
NM's
contract volume!

2.

I found this in response to that same link on another forum and it
makes sense!

Quote  from other forum!

“Well if you read the report you get the guidance for 2009!  25%
reduction in revenue max pain for 2009!  What more would you need
considering the stock is beat down to an expectation of 95% reduction
in revenue this quarter reporting!  Duh i tink I pased graid 2
arethiametic.  Financials have transparency issues; shippers don't!
DRYS floats with the BDI almost 100%, MN does not and has good
contracts for 75% of their business 2009.   Worst case scenario is
guidance is cut in half for 2009 which would spike this stock to $5
instantly.”

It’s true!  People overlook the facts of what is already given!   Or
overlook it to manipulate the price down like you have been doing for
the last week!

3.

Quote from: Baltic Dry Index - BDI (BALDRY) - bottom of page
When an investor buys a dry bulk shipping stock, they are effectively
buying into the Baltic Dry Index. The amount of exposure depends on
the individual stock. Some companies, such as DryShips (DRYS), have
most of their ships contracted out at the spot Time Charter
Equivalent. This means that the contracts are directly correlated to
the daily price of the BDI. Thus, their revenues are directly tied to
the index. In times of increasing prices, this set up will yield
greater profits for the shipper. Other companies, such as Diana
Shipping (DSX), have contracts set at the period Time Charter
Equivalent. This means that they enter into a contract, usually 2-5
years in length, which pays a fixed daily rate. This set up provides
less volatility, hedges risk against falling BDI rates, and
guarantees
cash flows.

http://www.wikinvest.com/stock/Baltic_Dry_Index_-_BDI_(BALDRY)

NM has also hedged against BDI rates Like DSX as indicated in their
reports!

4.

Watch this video!  Best price ever was Friday!  Just when you think
you're dead and bleed out!  $5 by next friday IMO

http://www.youtube.com/watch?v=RiJktbCWdIg&feature=user