- Junior Dry Bulk shipper OceanPal has seen its shares soaring by more than 200% on massive volume in recent sessions.
- On Monday, momentum appeared to spill over to other speculative dry bulk shipping names like Castor Maritime and Seanergy Maritime.
- Introducing 15 US-exchange listed dry bulk shipping names.
- The lower both share price and share count, the higher the probability of momentum traders chasing a stock.
- At some point, the crowd will depart for assumed greener pastures, often leaving a large number of trapped traders behind. So don't bet the farm on momentum stocks and adequately manage your risk.
For further details see:
After OceanPal's 200% Rally - 15 Dry Bulk Shippers To Add To Your Watchlist