RE:RE:RE:How is this not $200+ / share? As said by Powell on Friday, the cause of inflation is due to supply chain issues. Seems like shipping to blast off once China reopens? Maybe a little longer to get ports running smoothly again ?
Time to buy is during peak fear. Fundamentals are here and temporary disruptions with China Lockdown / COVID will just cause higher shipping rates.
However all maritime Shippers type business also are down ... DAC; SBLK; CMRE; EGLE
I’m wondering about robot trader that triggers mass automated selling for institutionals when environment factors ( geopolitics; China lockdown; rates hike; inflation … ) are harsh …. ..... With such high selling volume today which was around 8Mil.. who else would sell such big lots …
Earning is coming May 18 and history shows ZIM always beat earning estimates ???