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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (2251)3/19/2021 5:24:02 PM
From: sense  Respond to of 5601
 
After the green-light, yesterday, today was a very good day in the dry bulk shippers... if not quite the same in market impact for the smaller companies I'd high-lighted...

It does appear that the bellwether function is pointing out that there is a market contest developing between: 1.) the optimistic animal spirits of those ready for spring... and ready for Covid to be gone... and ready for all the good things that should come paired with that... including resumption of trade; and 2.) the pessimistic realists focused on the financial reality that a hollowed out shell of an economy, still struggling with Covid, that is also saddled with obstruction of business and mismanagement of the economy... unchecked spending... and threats of massive tax increases... will be unable to cope with rising interest rates... as rates are rising... while facing larger systemic risks in trade and finance that the last year's events have only masked...

Throw on top of those issues... the relaxation of "emergency" freezes is going to have massive impacts. The banks, today, reeling from rollbacks in waivers to their capital allocations. Soon, a deluge of delinquencies that have been in abeyance will begin. Renters can't be allowed to live rent free forever...

"Stimulus" becomes "inflation" when dollars are being misdirected into fueling a mindless chase after a limited supply of goods... or assets... And, inflation demands higher rates... which slows things down... rather than make more things available...

Inflating their way out of debt... seems the only viable plan... and they're not trying to stop it... only trying to stop the impacts that it has on rates... so prepare for that future... ruled by inflation... like the late 70's.



To: sense who wrote (2251)3/31/2021 12:56:47 AM
From: sense  Respond to of 5601
 
SINO

On March 18th I posted about SINO as an oddity... a shipping stock that bumped the share price by posting about going into the crypto space... which worked to move it from $2 to $11... at the top of the second peak at $8.50 when I posted... now down to $6.50...

Strange, though... 5 days ago they put out more news about:
.
Sino-Global to Acquire Majority of Blockchain Infrastructure Developer in $5 Million Stock Transaction

"The addition of Super Node further strengthens our capabilities and accelerates the buildout of our business as we pursue major opportunities in the rapidly growing cryptocurrency market and digital economy. We are particularly excited to be partnering with Super Node's proven team of developers, which will open additional opportunities to us in NFTs (non-fungible tokens)"...

Looks like they're serious about it ? That's the same group they were talking about partnering with before ?

Looks like its a new way for crypto companies to go public...

1. Find some dead analog economy stock... and have them leak that they're partnering up on a crypto deal.
2. The stock runs up... and you do a deal for stock to sell yourself to them... "making it real"...
3. If the wheels come off... you still get a part of that old analog grampa company... doing some physical stuff in the real world.

And, yeah... doing it will probably make keeping the shipping company alive a lot easier... way more if the crypto thing actually pans out...