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conix

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conix

Re: 31twu post# 567

Wednesday, 10/17/2018 12:01:41 PM

Wednesday, October 17, 2018 12:01:41 PM

Post# of 1285
Next Earnings report might be better than expected if these shipping rates continue:


1st January 2018 TCE rates ~$6,000/day

4th April 2018 TCE rates ~$4,000/day

2nd July 2018 TCE rates ~$6,000/day

1st October 2018 TCE rates ~$9,600/day

Yesterday 10th October TCE ~$20,600/day


From January 1 to October 10, the rates have increased by over 300% per day.

I am expecting a dividend increase within the next two months. (Assuming these rates hold and/or continue to increase).

With this dividend increase, investors will "discover" the NAT story.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.

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