Ardmore Shipping Corporation (ASC) Social Stream
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$DHT $FRO $NAT $ASC $STNG stay cautious on any stock pops as we still may see low spot rates for Q3 and possibly Q4 if lockdowns in other countries outside US continue. With that said however, asset prices in second hand market should remain supportive to the current lows with a possible 5-10% flash crash correction at any point. Keep accumulating down here and if prices do correct further then see it as a great opportunity to accumulate more.CapitalMarkets22, published July 29, 2021
Outlook is looking more like Q4 recovery and full recovery by 2H2022.
We still need scrapping to pick up especially in VLCCs and Suezmaxs areas.