RE:BOOOOOM !!! Contract 720M !!!
JTDouble, this is absolutely HUGE news. Black Diamond is already trading well below book value even at today's increasing price, so this news is just HUGE! It won't reflect on the financials unitl the contract begins, but that's why it's best to get in now. Long time BDI holders just need to hang on or increase their positions, but this is a massive win for Black Diamond. This is the time to buy. Any remaining short positions likely just disappeared which will pave the way for more increases as people see this news. Today is a good day :)