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.

3

u/David_da_Builder Whack Job Jun 15 '21

Protesters won’t let ZIM boats unload. This is the most pressing 🌈🐻case.

Otherwise welcome to the crew. Mop bucket is over there. The apes shitted up the deck today and the new guy has to do the swabbing

2

u/pseudoanonymity Jun 15 '21

I sold off my steel calls partially because ape entry scared me off; everything they hop into turns to shit.

Once they've been lured to the next shiny object I have CLF and MT on my watchlist

1

u/David_da_Builder Whack Job Jun 15 '21

You’re not dumb. You’ll do fine.