zAngus

DANAOS Shipping is Up 1500% Over 12 months.

Long
zAngus Updated   
NYSE:DAC   Danaos Corporation
Was just having a bit of a look around to see what has been running smoothly and avoiding all the turmoil that the tech stocks are currently going through and spotted Danaos.

From their website, Danaos Corporation is one of the largest independent owners of modern, large-size containerships and charter their containerships on long-term contracts at fixed rates to many of the world's largest liner companies.

With the bit of a blip caused by the EverGreen ship stuck and now freed in the Suez Canal, it will be interesting to see if this continues its run.

Could be worth a look.
Comment:
Nice big bolly breakout on volume. Just before earnings, so need to keep a close eye on which way it breaks.

Comment:
Nice 50% run.

Comment:
Still in beast mode.


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