Definitely a problem. Shorts are relentless as well but with the shipping sector rallying, I feel like that may have been shorts covering this week. And it doesn’t look like there have been any big days of conversions for over a week now since the buying started.
Do you know if there was any dilution on Friday?
If the bottom is in and this holds higher lows for a little longer like you mentioned, I expect this to move on air. Could be a wild lotto pick haha, now let’s see if there are any catalysts to look forward to like the other shippers
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