$SHIP fully retraced in price like no earnings call. Can the market ignore their cash doubling capability in first 8 mths? Can they ignore a 300% increase in EBITAD over last year? Can they ignore that all ships will be updated by this qtr with scrubbers so they can burn cheaper fuel? Can they ignore that even though they spend downtime to retrofit they are still making money at a higher rate? ๐Ÿ˜‚ market is not rationale its reactive.
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