Danaos: Feeling Frustrated? This Is Your Permission Slip To Get Out
DACDanaos(DAC) Seeking Alpha·2024-04-01 22:50

SBWorldphotography In the past 2.5 years, I covered Danaos Corporation (NYSE:DAC) a total of 10 times. From the moment Danaos began signing highly lucrative multi-year leases for its containerships in the midst of the COVID-19 pandemic to its aggressive deleveraging journey in the coming quarters and, most recently, its entry into the dry bulk industry, I have been very bullish on its stock. Accordingly, between the summer of 2021 and recently, I would accumulate shares of Danaos whenever the stock slipped ...