I am invested big into the shipping sector.
Ardene
wrote a column · Oct 15, 2021 21:22
$ZIM Integrated Shipping (ZIM.US)$ $Global Ship Lease (GSL.US)$ $Danaos (DAC.US)$ Personally, I absolutely loaded the crap out of my portfolio on ZIM, DAC, and GSL with the massive sell off, and even sold positions like Disney to do so. I may get bitten in the ass but the fundamentals to me are as solid as they can possibly be. But I won't lie, the volatility is a little bit nauseating especially on days like today.
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Rookie Trader Gary : It’s gonna tumble going forward as the peak season is almost over and the governments are swearing to solve the supply chain issue. But I feel the issue is not gonna solve in the near end, and it could turns into tailwind as long as the demand is hot. I’m also holding a portion of my $ZIM Integrated Shipping (ZIM.US)$ and $Costamare (CMRE.US)$ positions and try to load a bit more when price looks attractive.