The tape is saying DRYS has bottomed, it could never look better for this scenario. In with 3/4 position, very little risk to the downside from here. Very bullish tape today!
BDI is over 1000. Shippers will be profitable sooner than expected
LOL! The BDI only goes up from here? Last year, it went from the 800s in June to 1100 in July. Then it fell back to 662 by September. This year, however there are about 800 more drybulkers in the world's fleet.
Do you realize you are talking to a nutcase whose "position" is 50 shares?