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Timing101

08/05/20 1:42 PM

#5880 RE: Dubster watching #5879

Mr Dubster and others .
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personally I come from the Maritime Logistics side of Container and Bulk ships before I retired.
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so with that my input on the assets
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a. Liquid ships that go long range are HUGE. These are older ships that have a long life span (decades) . The Ocean Liquid ships are longer than 1200 feet long on current operations and hold hundreds of thousands of barrels , liter of what ever liquid they haul.. (oil, fertilzers, etc)
So this company is kind of short haul and has specific lanes and customers if you read . Not hung up on that
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b. They were affected by the Oil reduction (stated) like all, but they will come back around shortly in that area. In the end for all of the world there will be a vaccine or game changer.
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c. If you look at their revenue stream if they were a startup or wannabe like many OTC stocks .. and all zero's for the past years would be one thing. However they do have a market and I expect it is a Niche one , where they control certain lanes.
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I just find it interesting under the radar... producing revenue, not some of this dark tickers , stop signs, with Ceo's that have been on multiple tickers and the share structure here is worth a position .. so I am in ... Time will tell.