Performance Shipping Inc (PSHG) Social Stream

Featured Post From StockTwits About PSHG

$PSHG How undervalued is PSHG here at $5.02? Well, it's trading at such an extreme discount to it real value that it's lower than 1/3 its book value... That's right... Even with tanker values at such depressed levels, PSHG's P/B ratio is only .3-ish... Can you imagine if tanker values returned to normal-ish...? Do the math... Tankers are currently valued at about 50% of their historic norms... That makes PSHG insanely undervalued here... It's worth $18 at current book... Multiply that by 2 to get its normal market value and you're looking at $36... Then add to that fact, that their growth is going to be crazy high for the next 12 to 18 months, and you have a total monster stock ready to break higher... Oh, but there's more to like here with PSHG... Insiders own 46% of the common, with no preferred... So insiders are aligned with shareholders... Add to that very low debt and a equity-focused financing, and we're looking at the next multi-folder stock... 3x - 4x upside here...