/biz/ - Business & Finance

Post CTRM positions.

>>29947191
Do it pussy. I need more Castor Maritime chads with me to help gloat over everyone who didnt do their homework and see what a golden opportunity this one is. Ive been buying the ask with every single poorfag paycheck I get for weeks now.

>>29943991
Stay strong fren. Same avg but twice as many shares. Literally ZERO concern whatsoever. I tell you this so you can see where I stand with it before I list some shit.
>picrel
I expect you to DO YOUR HOMEWORK and look into things more but if you ask nicely maybe Ill explain them more deeply one at a time.

-NASDAQ compliance was restored by staying above $1 for 10 days. No PR for this yet, so it should be a boost when they do. Personally I think the effect will be minimal.

-Rumors of another two to four ships being purchased this past week. No PR, has not been announced (buy the rumor, sell the news). Info based on dry bulk ship sales being posted to buyer based in Cyprus. This will be a significant boosting catalyst.

-Upcoming earnings report. Will show all positives, Castor is growing faster than every other company in its sector, while taking on almost no debt and having LITERALLY better financials than their competitors. While I dont think the ER will be a significant boost since its already expected, it will instead help solidify gains and thwart downward pressure. The more important note here is how ridiculously fast Castor is growing, despite not using debt to do so. Typically such fast expansion can be risky, but here we see the opposite. I think this is one of the biggest signals to keep buying and holding for the long term.

-Pavimar. Its Castor Maritime’s sister company (literally - its CEO is the sister of Castor’s CEO), is slightly bigger but still privately held. Pavimar has been expanding just as fast although we cant peer into their financials since they are not publically traded. However, Pavimar is used by Castor for fleet staffing and ship management. Going to the next point...

-Pavimar and Castor Maritime are ran by sister/brother respectively, but de facto, they are ran by their father Gabriel Panayotides. Do your own homework on him, come back with what you find, and ill explain why youre probably wrong.

Poorfag who YOLO’d everything into $CTRM here. Havnt updated since it broke $1 a couple weeks ago. Ive been dumping as much as I can afford into this glorious stock every paycheck. Unfortunately I did not sell at the top so I missed the chance to double up my position but it will most certainly be there again soon enough. I am unironically going to keep holding this shit until at least $6.

I know there was several anons who listened to my DD and bought in. Did you guys take profits? Did you keep the faith or get shaken out? Where are my fellow Castor Maritime chads?

>pic related, current position.