$ 2.5 to $ 3.00 ?? You seem to smoke illicit products Sir. If you see a figure> $ 1.50, sell fast and never come back! Do you think that the numbers that will be announced in a few days will be extraordinary? The cash may be good but they have not bought any shares for the moment and their fleet (obsolete) is composed of only 4 ships that do not have a stratospheric market value! I even believe that these 4 ships will no longer be allowed to sail with new standards on fuel oil in January 2020. How do you think they will buy new ships?
It is difficult to be optimistic with this company that does not communicate much and is a champion for reverse split and repeated dilutions.
It will be possible to win a few dollars once the big resistance of $ 1.23 broken and if the volume comes back .... but it will only be ephemeral. You know that on $ DCIX, it's 1 or 2 days of increase and 3 weeks of continuous decline.
I wish you good luck but do not let anyone believe that we will see $ 3 in the next 2 weeks. It's just not possible (or so plan a huge dilution right behind, that's how shippers do ... and here the float is already important.)
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