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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (289046)	4/26/2021 9:59:29 AM
From: Fiscally Conservative	Respond to of 312230

To be honest next quarterly earnings should show a far more accurate cash burn rate which I suspect will be very low. They have to be literally printing money at this point in time with a rising BDI Index. They are so well capitalized now that they could likely buy another two more ships. As for doing another capital raise, they could do one but to what advantage. Im sure the underwriters in the previous offerings are anxious to capitalize on their ROI with the current outstanding warrants. I see nothing but upside share price appreciation moving forward.