Most people here are bullish but I don't think that's the case.
This company is saddled with debt and will not make it through if refined demand destruction from Covid continues.
CEO is shady (most Tanker CEOs are really), often does interviews on minor YouTube channels with 2,000 views. Also buys derivatives expiring 6 months out on his own stock?
I think the market is pricing in share dilution or something along those lines.
Target price somewhere between $10 to $8 by EOY
Nota
Price got hammered again down to $11.84, another bad day like tommorow shall unleash the floodgates of stops
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