I first featured this stock back on April 28th 2021. Unfortunately barely anyone saw this post.
I once again featured and Update May 7th 2021 With similar results :(
I hope this time it will be different as it is worth it for people to know about it.
Don't let the small price fool you into thinking this is some silly spec stock. Shipping is in the infancy stages of a major breakout. See posts posted for more info.
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$4.83 cruising right long.
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DSX hits 52 week high at $5.07. right on track looking good!
I agree with this (and am invested in DSX currently). My one worry is that they are going to need to have significant capital expenditure in order to meeting impending environmental standards and carbon reduction requirements - i.e. they will likely need to ~at some point~ take on some significant debt to covert their fleet to more efficient engines. So, I am a little concerned with how this will impact their returns in the medium to long-term.
RealMacro
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@chuckk555, As long as commodities stay elevated and no rate hikes or QE tapering no need to worry about that.
amriesingh
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I've been following DSX because of you for a while! I bought in after your second post, and will hold it till your targets are reached (which sooner or later always happen(had to learn some the hard way)).