Thoughts on the move today?
Been watching since last sell off.. price looks almost ready to move up . Been in and out of FRO for several years . Now in VLCCF SDRL .
Watching, waiting. I think it has stopped going down--not sure what catalyst will be for price increases other than weaker shippers going bankrupt and/or mergers in the sector. There are too many vessels.
My thoughts are----- why is it moving on the positive side ??Have been out since middle 29's