Replies to post #49 on Danaos Corp (DAC)

[unevilfavouredness]

This could be heading up now.

[grantastic]

Did you give up on this?

In my opinion I think the global market is self-correcting. Low prices = BKs = reduced supply = prices going back up again.

My gut tells me anything under $3 is a safe buy in the medium term. This is about the same low DAC hit in the darkest part of ~2009.