A weak dog on his last legs
Most people here are bullish but I don't think that's the case.
I think the market is pricing in share dilution or something along those lines.
Target price somewhere between $10 to $8 by EOY
- This company is saddled with debt and will not make it through if refined demand destruction from Covid continues.
- CEO is shady (most Tanker CEOs are really), often does interviews on minor YouTube channels with 2,000 views. Also buys derivatives expiring 6 months out on his own stock?
I think the market is pricing in share dilution or something along those lines.
Target price somewhere between $10 to $8 by EOY
Note
Price got hammered again down to $11.84, another bad day like tommorow shall unleash the floodgates of stopsNote
Lol there you go
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.