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home / news releases / YGRN - Bearish Thesis For Oil Tankers Is Absolutely Ridiculous


YGRN - Bearish Thesis For Oil Tankers Is Absolutely Ridiculous

I have read both bullish and bearish cases for the oil tankers and I have to conclude that the bearish case for oil tankers is absolutely ridiculous.

Imagine that it cost $100,000 to build a condo. Under normal circumstances, you can rent for an amount that allows you to have net income of $833 per month or $10,000 per year. Let's ignore mortgage. Under such a scenario, you are making 10 percent on your money. Then, something weird like Coronavirus happens and your town is the only town that can cure it. As a result,

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Stock Information

Company Name: Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
Stock Symbol: YGRN
Market: NYSE

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