$GLBS $5.11 to $95 or 1,900% Gains in 24 MonthsTheres are the next 4 price targets within the next 12 months. Company used financing to expand fleet to 8, the dry bulk industry is primed for a bounce back year after Covid-19.
The stock is at alltime lows, in a downtown trend. However it has strong support! The chart pattern is a falling wedge bullish reversal. A breakout is strong.
The company had a rough couple years, they made a few mistakes, and the world shutdown. However moving forward the company is in position for expansion, growth and investment.
This is a long term stock to own.
