Tanker market fundamentals
Both shitco's are well known by never-ending legendary dilution and destruction of shareholders' value.
They are poorly run enterprises from an investors' perspective. Yet, occasionally, they offer good risk reward. Such companies are good as asymmetric bets with tiny potion of the portfolio and with a short time horizon (below 12 months).
Good luck with outsmarting the crooks who announce some action and do something opposite the next day! 😁
Thanks! Definitely, I need it :)
Both shitco's are well known by never-ending legendary dilution and destruction of shareholders' value.
They are poorly run enterprises from an investors' perspective. Yet, occasionally, they offer good risk reward. Such companies are good as asymmetric bets with tiny potion of the portfolio and with a short time horizon (below 12 months).
Good luck with outsmarting the crooks who announce some action and do something opposite the next day! 😁
Thanks! Definitely, I need it :)