Will hold and sell it within the next 6 months
Reasons:
1.
Every contract they earn 60 000 - 70 000 a DAY it costs them 8000, 52 000-62 000 profit a day per ship they have 23 of them.
2.
There contract last 6 months so regardless what oil costs the next 6 months will be pure profits in earnings reports.
Selling 50% past 25$.
Low risk- potential 35-60$.
Reasons:
1.
Every contract they earn 60 000 - 70 000 a DAY it costs them 8000, 52 000-62 000 profit a day per ship they have 23 of them.
2.
There contract last 6 months so regardless what oil costs the next 6 months will be pure profits in earnings reports.
Selling 50% past 25$.
Low risk- potential 35-60$.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.