update
Saw several sellers yesterday but the most aggressive was house 16(paradim cap), annom seller has been active as well. RBC was the largest buyer for a change. Hard to fault the buyers for being passive as that has been the best strategy since late 2016.
When 60% of the cad rig fleet is utilized and going higher, it is time to load the boat. We see the cad rig count touching 400 in late feb before the breakup. Long almost 1.50% of the outstanding currently, have no problems paying as high as 1 cad.
Eodora, time to get on the ESN train before it leaves the station