I bought a bunch of shares at $8.25 on April 29? Currently have 1360 shares at $7.69 average. Planning on holds for at least 3-6 months possibly longer even if the share price keeps going down
Good job. Carry on plz
Strong level of support at 4.30, it hit here first week of June and ran a strong bull rally. I’m hoping to see the same thing from here on out. I picked up at 4.35.
More updates like this one and other stocks please
Great perspective and information. I got a lot out of this. Keep on keeping on. Great stuff.
your link for tanker rates were taken over 1 month ago and are extremely outdated. suezmax rates are at 7000 per day as of today
The charts you are refering to are updated weekly, so why don't you use the newest one instead of one that is more than a month old? Research research research ;) Here is the newest one from the 19th https://www.nat.bm/wp-content/uploads/2020/06/Weeklyfreightrates200619.pdf Also keep in mind this index only tracks a single route, Caribs/Us so if you actually want a broader perspective i suggest you follow other indexes aswell. It's abit misleading to take a chart from when the rates were all time high and talk about the current market, yes 2020 will be great earnings year for all tankers, but there is murky water ahead short to medium term
Liked
@jaredcantlon252