News Focus
News Focus
Followers 103
Posts 17699
Boards Moderated 0
Alias Born 09/08/2004

Re: DSherman post# 784

Monday, 07/13/2020 1:41:07 PM

Monday, July 13, 2020 1:41:07 PM

Post# of 812
You asked if a lost a freaking fortune...I mentioned my GE, yes a freaking fortune but that will come back. Not worried, I’ve bought even more. I personally don’t see us ever getting HOSed bond money back, not planning on it. I don’t see all these OSV companies surviving. Liquidation through 7 would be even worse. When this is done my guess is 50-60% capacity will be scrapped and only a handful of recognizable names will remain, HOSed not being one of them. Hotels are cheap right now.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now