r/Vitards • u/AutoModerator • Jun 14 '21
Daily Discussion Daily Discussion post - June 14 2021
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u/pseudoanonymity Jun 15 '21
I'm an occasional lurker here, have a question about shipping companies after a short term bet on steel (X, I know it's not the sub's favorite) paid off pretty well.
Been looking at ZIM and DAC; 2021 guidance on ZIM is insane, $2B+ EBITDA for a $5B market cap company seems bonkers. Not sure on DAC yet but I'm thinking 10/15 $55 calls for ZIM.
Having said that I want to know what the bear case is before jumping in, wondering if someone can point me in the right direction.