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Re: peewee post# 54437

Friday, 11/10/2017 5:05:27 PM

Friday, November 10, 2017 5:05:27 PM

Post# of 58072
Way of the world I suppose. Just as a thought, the last UN report I read a few months ago was targeting worldwide GDP growth at 3.25 - 3.5% for next year. If that happens shipping demand will exceed capacity by end of next year. The supply/demand imbalance will drive all shipping stocks through the roof. Even if it just inches forward over the next year, revenues will improve quarter over quarter. DRYS is likely in positive territory already and the pps will reflect that turnaround.