InvestorsHub Logo
Followers 11
Posts 774
Boards Moderated 0
Alias Born 10/01/2012

Re: choo choo trader post# 24102

Wednesday, 03/15/2017 11:06:02 AM

Wednesday, March 15, 2017 11:06:02 AM

Post# of 29021
90 day buyback wasn't an advantageous buyback price, its better to lease the entire fleet at the depressed ship leasing prices and charter the higher spot rates and make money that way until they build enough revenues to get regular bank financing to buy them when the low leasing prices are over and before ship prices rebound