Joshua Byrini's Market View

EGLE, a dry shipping, yields a wopping yield. The company is also loved by Seth Glickenhaus, who is a 91 year old living legand on Wall Street. He offered up PGH last year for those of you who bought at 10 know what that means.

So Merry Holidays.

As for Seth's one of other picks (out of 4 picks two months ago in Barrons) , Enterra, EENC, the gas company from Canada, which was jacked and whacked by Vito Racanelli in Barron's, lets just say Josh would not make any sudden moves in light of Vito's recent observations, in spite of the ol' G's 7.5% stake in the EENC, the four letter wonder that trades 2 to 4 times the valuation its comps. Yes, it yields 10%, but at a valuation far greater than similarly situated, and with far less reserves than others. That spells yield-- the three point yellow traffic sign kind, as in proceed with caution, if not STOP and look before crossing the road.