Source :
https://tradingeconomics.com/commodity/baltic
"Baltic Dry increased 1,230 points or 90.04% since the beginning of 2021, according to trading on a contract for difference (CFD)
that tracks the benchmark market for this commodity.
Historically, Baltic Exchange Dry Index reached an all time high of 11793 in May of 2008."
When COVID first hit, the Baltic Dry Index was...just a couple of % of what it had been before the crisis.
I wanted to back up the truck, but they halted trading, so I forgot about it.
By June or July, they resumed trading at $300/share; it was still a 4-bagger after that, but I’d forgotten about it.
If I could have bought the amount I wanted when Covid hit, I’d have been retired right now.
Buy SHIP - Seanergy Maritime. Cape Size. It’s still at around a dollar, held down by the shorts. I believe it will explode this summer.