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Cramer Came Out With His DryBulk Ship (DSX, PRGN) Plays Tonight

October 17, 2007 6:37 PM EDT
On Mad Money tonight, Jim Cramer recommended two bulk shipping plays. He said Paragon Shipping is a great company and a conservative choice. Paragon Shipping (Nasdaq: PRGN) went public less than two months ago.

He loves Diana Shipping (NYSE: DSX), but says it is slightly riskier. It pays a 6% yield and thinks the downside of Diana Shipping is low. He gives Diana either 11 up or 2 down.

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