by Mariusz Skonieczny | Apr 30, 2020 | General
NASCAR just announced that it will resume racing on May 17. This should be fantastic news for Dover Motorsports which I covered here. The company also reported its Q1. “Our May NASCAR weekend has been postponed. While we do not yet have a date for the...
by Mariusz Skonieczny | Apr 30, 2020 | General
During normal times, the world produces 100 million barrels of oil per day and it also consumes about the same. The supply and demand are in balance. If there are any short term imbalances, the land storage serves as a buffer. Oil tankers are used to transport the oil...
by Mariusz Skonieczny | Apr 30, 2020 | Educational
“When capital is in oversupply, investors compete for deals by accepting low returns and a slender margin for error.” -Howard Marks Quote from Investment Wisdom
by Mariusz Skonieczny | Apr 30, 2020 | General
It is very interesting how different people react to different things. When I was performing my due diligence on Scorpion Tankers, I noticed the following press release. Mar 10, 2020 MONACO, March 10, 2020 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio...