I hope you're all investing in shipping. Some stocks are

>>1616884

Why would Korea Line purchase of bankrupt Hanjin's assets cause this insane gain in ALL shipping companies?

>>1616889
Literally says it in the picture.

People are speculating that cheaper shipping cost for these companies to operate equal increase in profit.

DRYS is going up 2000% because it tripled its previous earning report when its stock price was 6 dollars a share, causing the initial rally to the 20 dps price range, the baltic dry index decreased significantly causing another rally to the 40 dollars per share.

Pre market hype got the stock to 50 dollars per share and this news got the stock to nearly 100 dollars share.

Pretty much the perfect storm of events happened, expect a very drastic pullback when it does fall and invest in DRYS, TOPS and other shipping companies as the long term prospects are high.

>>1616896
>People are speculating that cheaper shipping cost for these companies to operate equal increase in profit.

Why would shipping be cheaper overall? Your picture doesn't say.

>>1616910
Who knows and who cares you have an easy 100% gain if you want to invest in them

>>1616913
Do you think DRYS is going to to back up?

Why would shipping go up when trump wants to increase import taxes? And promote American made stuff?

Is this a temporary increase because the market is still going up?