GLBS Had an excellent technical day today. Breakout back over the cloud and major buying power into the close.With financials dropping in the next few days there could be reason for this most reason push. The night before
TOPS financials dropped there was a major push the next day after Fins were released A/H's the stock saw a cumulative 150% move in two days.GLBS could be seeing a major technical push in addition to Moody's becoming bullish on the sector moving back up and the BDI becoming positive again all culminates in a possible ROI of 300% with GLBS's current S/S.GLBS has always been one of the top stocks in the shipping sector.Sentiment: Bullish
Note
2016-12-31 2015-12-31Revenue Growth (%YOY) -19.64 -20.52
Earnings (mil) -0.12 -16.29
Earnings Growth (%YOY) 98.8 -613.04
Net Margin (%) -4.74 -375.5
EPS -0.05 -6.32
Return on Equity (%) -2.26 -167.94
Return on Assets (%) -0.53 -53.18
Subsidiaires
Globus Shipmanagement Corp. Ship Management 100%
Devocean Maritime Limited Shipowning 100%
Domina Maritime Ltd. Shipowning 100%
Dulac Maritime S.A. Shipowning 100%
Artful Shipholding S.A. Shipowning 100%
Longevity Maritime Limited Shipowning 100%
Note
Cumulative Reasons:GLBS Reasons why I'm bullish1. Breakout above the cloud on the 15 min chart.
2. Superior bullish techs.
3. Bottomed out at near where it was before the immense run-up.
4.
5. Financials to drop anyday now.
TOPS financials took it 150% before Kalani took over and turned it into DDRYS 2.06. 1 R/S compared to all the other shippers best balance sheet.
7. Moody's says the shipping sector is now Stable. shipandbunker.com/news/world/297640-shipping-industry-outlook-appears-stable-moodys
8. Baltic Dry Index looking to become bullish again
2016-12-31 2015-12-31
Revenue Growth (%YOY) -19.64 -20.52
Earnings (mil) -0.12 -16.29
Earnings Growth (%YOY) 98.8 -613.04
Net Margin (%) -4.74 -375.5
EPS -0.05 -6.32
Return on Equity (%) -2.26 -167.94
Return on Assets (%) -0.53 -53.18
Subsidiaires
Globus Shipmanagement Corp. Ship Management 100%
Devocean Maritime Limited Shipowning 100%
Domina Maritime Ltd. Shipowning 100%
Dulac Maritime S.A. Shipowning 100%
Artful Shipholding S.A. Shipowning 100%
Longevity Maritime Limited Shipowning 100%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.