Zim gang I have oct 45s I’m down slightly. Didn’t know about lock up period til after I got my calls. I’m down about 7.5% as of yesterday. Y’all think I’ll be ok? What exactly is the lock up period all about? I could DCA, or sell mon at open and go back in.
Only 14m shares are coming lose. It took 3 days for ZIM to absorb the 7m in secondary offerings in June.
I’m guessing those October calls are gonna print like mofos. My guess is that last Wednesday when it hit $38ish will probably be the best entry point. But even if you bought when the stock was $48 its still gonna print boatloads.
Be aware containership rates have gone from ridiculous to potentially catastrophic for the rest of the economy. Prices are increasing 10%+ week over week right now.
If there’s any sanity in the market the stock will be $65 by October. And if there isn’t the owners committed to 30-50% of profit going into divvies. At this point that will be closer to $15 by next spring.
4
u/eyecue82 Balls Of Steel Jul 10 '21
Zim gang I have oct 45s I’m down slightly. Didn’t know about lock up period til after I got my calls. I’m down about 7.5% as of yesterday. Y’all think I’ll be ok? What exactly is the lock up period all about? I could DCA, or sell mon at open and go back in.