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Shippers

Extended Wedge Bullish Bearish Neutral?It's a very wide wedge right now so lots of room to fluctuate. Will the reopening trade momentum act as a catalyst for another rebound or will NAT just chill here forever? In its Q4 and full-year 2020 update, The company said that “We see strong oil demand, in particular from Asia for 2021…The lock-downs around the world has led to pent-up demand for many goods and services that will flourish once the vaccination program gains momentum this year…The demand will, unlike wars and financial crisis, be met by an unharmed physical and financial infrastructure that is ready to deliver on all cylinders.” Quote Source: 5 Penny Stocks For Your March 2021 Reopening Watch List
NYSE:NAT
by PennyStocks101
Can $TNK Get Over The Hump Or Will It Get Denied Again?TNK continues to see strong volume. For penny stocks , I think that's important. Furthermore, it keeps giving updates on new progress. But what's next? Gapping up slighting premarket on Oct 9 but can the bullish volume continue to push this past the historic levels? " So what triggered this multi-month move? A few things. First, positive earnings results helped during August. Into September, Teekay may have benefited from the general market move that shipping stocks had. Teekay is 1 of the world’s largest marine energy transporters. The company currently owns a fleet of over 100 ships responsible for transporting gas and other services. " * ABOUT TNK Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Conventional Tanker and Ship-to-ship Transfer (STS). The company offers voyage and time charter services; and offshore STS transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides vessels commercial and technical management, LNG terminal management, consultancy, procurement, and equipment rental services; and lightering support services, including full service lightering and other lightering support services. As of December 31, 2018, it operated a fleet of 56 owned and leased conventional tankers, 3 in-chartered vessels, and 1 jointly-owned very large crude carrier; and 6 STS support vessels. Its vessels operated under fixed-rate time charter contracts with its customers. The company was founded in 2007 and is based in Hamilton, Bermuda. Quote Source: Do Penny Stocks Work? 3 Up Big In October; 1 Over 980%
NYSE:TNK
by PennyStocks101
$NAT Picking Up Steam But Can It Go The DistanceI try not to be negative on these stocks but you can't ignore historic levels. Right now, NAT is back in the "gap zone" from back in 2017. Every time shares entered this "Bermuda gap," the gains have continued to disappear. Will it be different this time around? " NAT has been benefiting from the rise in most tanker stocks recently. The company has been benefiting from a strong year in 2019 compared to its 2018 year.For instance, its time charter equivalent in the first half of 2018 was $10,850/day. The first half of this year showed $20,414 per day per ship. The company also stated that “there are several indicators that the tanker market is going up. The most obvious can be seen in the {…} year-on-year numbers. ” * ABOUT NAT: Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It currently operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has identified only one operating segment. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand. It competes for charters on the basis of price, vessel location, size, age and condition of the vessel, as well as on its reputation as an operator. * Quote Source: 2 Penny Stocks Hit New 2019 Highs This Week; Can They Move Higher?
NYSE:NAT
by PennyStocks101
$CTRM Bases at Support for Next Leg Up PPS Target Still $8.00+Algoritmic Entities Brought Castor down to the $6.00 support earlier today and bounced it off it nicely after which NSDQ known for driving the stock up or down accumulated shares at that level and begun slowly pushing the stock up on bid. I do believe she is ready for the next leg up and have accumulated all I could. Remember the stock started trading on the NASDAQ in Feb of this year and has already had 4 major spikes. I anticipate another one should be coming within the week given the Baltic Dry Index has been on a tear since Feb. I also anticipate more updates from the company since it is newly trading and just launched their major ship in March. Happy Trading!!!
NASDAQ:CTRMLong
by StockGuild
$CTRM Turning $6.50 Resistance into Support Heads towards $8.50$3.96 Mil in Revenues $980K In Net Income $9.6 Mil in total assets for 2018 with only 149K in total liabilities for 2018 O/S: 2,400,000 Float: 500,000 1. New contract recently for 11k a day in revenue for 8 months 2. 50% of the O/S is locked 3. Restrictions on owning more than 14% of the O/S implemented by management to protect shareholders. 4. Low float 500,000 O/S 2.4 mil 5. Freshly brought on to the NASDAQ Feb 11th. 6. The huge pop from $4.89 to $18.99 on the 11th of March was more than likely due to the recent contract news. Then flippers sold it back down to bottom at $4.00 where it’s steadily increased back up. 7. Filings go all the way back to April 11th of last year even though the actual ticker hasn’t been made public until last month. So I’m assuming maybe some news on the one year anniversary of when filings dropped. Petros Panagiotidis 27, is the founder of Castor Maritime Inc. He has also served as the Chairman of the Board and has served as our Chief Executive Officer and Chief Financial Officer since our inception in September 2017. Mr. Panagiotidis has been involved in shipping and investment banking for more than 5 years, during which he has held various positions in finance, operations and management. He has graduated with a Bachelor's degree from Fordham University in International Studies and Mathematics and he earned a Master of Science degree from New York University on Management and Systems with a concentration on Risk Management. Dionysios Makris, Secretary and Class B Director Dionysios Makris, 37, is a lawyer and a member of the Athens Bar Association since September 2005. Mr. Makris is based in Piraeus, Greece and is licensed to practice law before the Supreme Court of Greece. He practices mainly shipping, commercial, real estate and company law and has substantial involvement both in litigation as well as in transactional work with the Macris Law Office, where he has worked since September 2011. He holds a bachelor of laws degree from the University of Athens and a Master of Arts Degree in International Relations from the University of Warwick, United Kingdom. Georgios Daskalakis, Class A Director Georgios Daskalakis, 28, has been a non-executive member of our Board since our establishment in September 2017. He has spent all of his professional life in the shipping industry. From May 2013 to January 2015, he was an insurance officer at Minerva Marine Inc. From January 2015 to March 2017, he served as a tanker operator at Trafigura Maritime Logistics PTE Ltd. He is currently a Commercial officer of M/Maritime Corp. in Athens, Greece. He holds a Bachelor's degree from Babson College with a concentration on Economics and Finance and Master of Science degree in Shipping, Trade and Finance from the Costas Grammenos Centre for Shipping, Trade and Finance, Cass Business School, City University of London. Castor Maritime Inc. Announces Time Charter Contract for MV Magic P with Oldendorff Carriers Limassol, Cyprus, March 14, 2019 – Castor Maritime Inc. (NASDAQ: CTRM), (the “Company”), an international shipping company specializing in the ownership of dry-bulk vessels, today announced that, through a wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeck for its Panamax vessel Magic P. The gross charter rate is US$ 11,250 per day, for a period of a minimum of five (5) months up to a maximum of about eight (8) months (for the first 30 days period the daily gross rate is US$ 9,000). The charter commenced on March 12, 2019. The “Magic P” is a 76,453 dwt Panamax bulk carrier built in 2004 in Japan. All things being equal, this employment is anticipated to generate approximately US$ 1.60 million of gross revenue for the minimum scheduled period of the time charter and could reach US$ 2.60 million should employment be extended to its maximum period. We cannot guarantee that any such extension will occur. BALTIC DRY INDEX: As can be seen by the below image the Baltic Dry Index has crossed over on the MACD for the first time in almost a year. The PARSAR is also about to flip and it has been on a steady uptrend since February. I predict a slow and steady uptrend in it back to 1,500 by Summer and a possible break to 2,000 by EOY, which should enable Shipping stocks to 5x-10x their current PPS
NASDAQ:CTRMLong
by StockGuild
1
$YRIV $386,047,090 in Assets With 222,496 Meters of ConstructionTotal Assets Worth: $386,047,090 Real estate properties and land lots under development: $345,326,408 Real estate property completed: $29,791,090 As of December 31, 2018, the sole and wholly owned developing project of the Company is called Wuhan Centre China Grand Steel Market (Phase 1) Commercial Building in the south of Hans Road, Wuhan Yangluo Economic Development Zone with approximately 222,496.6 square meters of total construction area. The Company has obtained certificates representing titles of the land use rights used for the development of the project. As of December 31, 2018, the Company has completed the construction of four buildings covering area of approximately 35,350.4 square meters of construction area. As of December 31, 2018, the Company has three buildings under development of the project described in Note 5 covering area of approximately 57,450.4 square meters of construction area. A/S Commons: 500,000,000 A/S Preferred: 100,000,000 (None issued or outstanding) O/S: 172,532,565 Float: 76,869,446 Jasper Lake Holdings Limited beneficially owns 52.88% of the Outstanding Common Stock. Trade logs for March 26th, 2019 show 23,000,000 in buy blocks A/H's worth $11,000,000 purchased. On January 23, 2019, the Company filed a defamation lawsuit in the New York Supreme Court, New York County, against Hindenburg Research, Nathan Anderson, ClaritySpring Securities, LLC and ClaritySpring Inc. (collectively, “Defendants”) in response to their coordinated and orchestrated market manipulation scheme to disseminate false, misleading and defamatory content to the marketplace regarding the Company for the purpose of inflicting substantial reputational harm on the Company for Defendants’ own financial gain. Management believes that the Company will prevail this lawsuit, and any resolution will not have a material adverse effect on the financial condition or results of operations of the Company. The Combination effect of the Court Appearance date scheduled for April 5th + US/China trade talks + the Block-chain Subsidiary + China belt road could create an immense catalyst here for a substantial PPS increase.
YLong
by StockGuild
$CTRM $3.9 in Revs $980K in Net Income $9.6 Mil in Assets1. Recently acquired a new contract for 11k a day in revenue for 8 months 2. 50% of the O/S is locked 3. Restrictions on owning more than 14% of the O/S implemented by management to protect shareholders. 4. Low float 500,000 O/S 2.4 mil 5. Freshly brought on to the NASDAQ Feb 11th. 6. The huge pop from $4.89 to $18.99 on the 11th of March was more than likely due to the recent contract news. Then flippers sold it back down to bottom at $4.00 where it’s steadily increased back up. 7. Filings go all the way back to April 11th of last year even though the actual ticker hasn’t been made public until last month. So I’m assuming maybe some news on the one year anniversary of when filings dropped. 8. The Baltic Dry Index has found support since the start of March and has slowly been making its way back up. I expect 1500 by Summer and the possibility of 2000 by EOY investorshub.advfn.com
NASDAQ:CTRMLong
by StockGuild
GSL Shippers Heating Up/Merger NewsGSL and Posiedon have agreed to a merger to take place sometime in November. GSL is being valued @ $1.78 a share by Posiedon and receiving over $200mln. With GSL trading at close today at $.95 the upside on the deal alone is great. But also now take into account the shipper run that has taken place the past couple Novembers and I believe we have a perfect set of circumstance for a nice upside potential for GSL. Given that GSL ran to over $4 in Nov 2016 and $2 in Nov 2017 we could see $1.78 and more. Check out the top trend line on the monthly chart below. www.tradingview.com seekingalpha.com
NYSE:GSLLong
by luckeyma
$TVIAQ On It's Way to A Possible .03 Break Tomorrow$TVIAQ Had a tremendous day today. Not only that new updates and finds were published here is what's new as of today: 1. 89.8% of Versum Materials shares are held by institutional investors. Comparatively, 43.4% of Terravia Holdings shares are held by institutional investors. 0.5% of Versum Materials shares are held by insiders. Comparatively, 10.1% of Terravia Holdings shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth. Versum Materials currently has a consensus target price of $38.11, suggesting a potential downside of 7.59%. Terravia Holdings has a consensus target price of $1.50, suggesting a potential upside of 3,659.40%. Given Terravia Holdings’ higher possible upside, analysts clearly believe Terravia Holdings is more favorable than Versum Materials. 2. Today's Institutional Ownership News: invest.ameritrade.com Glenhill Capital Advisors LLC 4,251,781 (5,221,580) 3.926 06/30 The Vanguard Group Inc. 3,084,397 (236,181) 2.848 06/30 Banque Lombard Odier & Cie SA 2,000,000 1,150,000 1.847 06/30 BlackRock Fund Advisors 1,376,329 (3,304,304) 1.271 06/30 Millennium Management LLC 1,024,676 873,880 0.946 06/30 Goldman Sachs & Co. LLC (Priva 833,821 704,487 0.770 06/30 Geode Capital Management LLC 473,806 (133,388) 0.437 06/30 Element Capital Management LLC 443,914 443,914 0.410 06/30 Charles Schwab Investment Mana 359,100 (176,806) 0.332 06/30 LMR Partners LLP 327,561 327,561 0.302 06/30 KBC Fund Management Ltd. 291,562 (322,738) 0.269 06/30 Ergoteles LLC 285,528 285,528 0.264 06/30 The California Public Employee 228,700 0 0.211 06/30 Morgan Stanley & Co. LLC 153,905 26,528 0.142 06/30 Northern Trust Investments In 148,120 (626,590) 0.137 06/30 Deutsche Bank Securities Inc. 146,438 146,421 0.135 06/30 Shufro Rose & Co. LLC 144,900 (66,700) 0.134 06/30 Jacobs Levy Equity Management 122,333 (84,900) 0.113 06/30 Tower Research Capital LLC 114,464 105,356 0.106 06/30 Alpine Global Management LLC 106,440 106,440 0.098 06/30 FSC Securities Corp. 97,900 (5,900) 0.090 06/30 Commonwealth Equity Services 80,932 9,130 0.075 06/30 SSgA Funds Management Inc. 78,254 (1,256,933) 0.072 06/30 The Bank of New York Mellon Co 59,549 (160,951) 0.055 06/30 William Blair & Co. LLC (Inves 59,282 (8,775) 0.055 06/30 OxFORD Asset Management LLP 58,317 58,317 0.054 06/30 Westside Investment Management 56,850 (4,200) 0.052 06/30 Squarepoint OPS LLC 49,147 49,147 0.045 06/30 Glenmede Investment Management 44,300 0 0.041 06/30 KCG Americas LLC 42,927 11,289 0.040 06/30 Group One Trading LP 39,184 31,596 0.036 06/30 Barclays Capital Inc. 37,355 36,830 0.034 06/30 SG Americas Securities LLC 35,294 (31,240) 0.033 06/30 Russell Investment Management 33,849 (55,300) 0.031 06/30 Jane Street Capital LLC 28,880 28,880 0.027 06/30 D. E. Shaw & Co. LP 27,804 (65,800) 0.026 06/30 Guggenheim Funds Investment Ad 26,961 0 0.025 06/30 Osborn Williams & Donohoe LLC 25,000 0 0.023 09/30 Vanguard Fiduciary Trust Co. 22,959 (60,300) 0.021 06/30 D'Orazio & Associates Inc. (V 22,498 0 0.021 06/30 Bank of America NA (Private B 19,350 (21,121) 0.018 06/30 Citadel Advisors LLC 19,126 (40,906) 0.018 06/30 UBS Financial Services Inc. 15,616 0 0.014 06/30 BlackRock Advisors LLC 13,122 (30,375) 0.012 06/30 Gofen & Glossberg LLC 13,000 0 0.012 06/30 BNP Paribas Arbitrage SNC 11,234 10,917 0.010 06/30 Princeton Capital Management 11,150 (1,000) 0.010 06/30 Wells Fargo Bank NA (Private 10,800 (59,091) 0.010 06/30 Raymond James & Associates In 10,550 (1,651) 0.010 06/30 JPMorgan Securities LLC (Inves 4,320 (49,126) 0.004 06/30
TLong
by StockGuild