Seaspan Corporation Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares SSW.P.I

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Seaspan Corporation Series I Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares > Incredible

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Comment by redcoatson Feb 09, 2017 10:37pm

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Post# 25826374

RE:RE:RE:RE:RE:RE:Incredible

It's not about Hanjin. Well fewer than half their ships are even being used right now. How bad can that be. It's not about contracts. As you know, SSW has on average, over six year contracts on their fleet. The elephant in the room is Trump, and the threat of import taxes. What's strange, is that it seems to be affecting SSW's share price more than anyone else's. The reality is tho, that SSW is extremely oversold. There's no way it should be anything less than U.S. $12 right now. I've kept up my buying.

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