3 months prior to August. is time to buy Drybulk, here is the reasons
Companies order goods from China and other Asian nations 3 months ahead of August for back to school goods and it takes roughly 3 months to get the order processed and delivered on time for August delivery. Guess what time it is right now? 3 months ahead for August delivery and guess which stocks are rallying today? GNK, SB, EXM, DRYS, TBSI, DSX
I doubt it very much that these stocks will go to previous highs of $50, $75, $115 but they can go to $20, $25, $30 which is still pretty hefty gains from current prices.