MRM 0.00% $2.69 mma offshore limited

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  1. 2,251 Posts.
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    Very interesting. The new vessels were sold in 2012, 2015 and 2016 you can see the sales price collapse and the older vessels selling.
    Why would you buy a new vessel which is in storage I guess, not going to make you money and no-one has the spare cash.
    I don't do shorting myself and wish holders well - if you are shorting then I hope you are careful. The only certainty is that this thing is not worth 30c - over the long haul it's either more than $1 or zero and I don't think anyone knows which it will be.
    If they look themselves in the mirror and are entirely honest that is.
 
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