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Ardmore Shipping Corp V.ASC


Primary Symbol: ASC

Ardmore Shipping Corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. The Company operates through one segment, which is transportation of refined petroleum products and chemicals. The Company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. It provides shipping services to customers through voyage charters, time charters, and commercial pools. It has the global network to support its seafarers and deliver shipping services to its customers. Its vessels include Ardmore Seafarer, Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Chippewa, Ardmore Chinook, and Ardmore Seavaliant, among others.


NYSE:ASC - Post by User

Post by notBuffeton May 05, 2014 9:20pm
105 Views
Post# 22526984

SPOT = $29.25!!!

SPOT = $29.25!!!     Everyone is talking about the uranium correction. THIS IS THE URANIUM CORRECTION.
     Wow, just when you thought it can't get any lower, the spot dropped even more. But this time a further landslide; 80 CENTS! Down to $29.25 today. 
     In case you didn't know, the spot hovered around $10 between 1990-2003. Have salaries and gas gone up by 4-5 times since then? No? Well, prepare for the spot to continue to slide. All those who disagreed have been proven wrong. 
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