Shares of Diana Shipping Inc. (NYSE: DSX) plunged lower by more than 10 percent on Friday and hit a new 52-week low of $3.42.
Investors and traders were likely reacting to Diana Shipping's announcement that it signed 3 separate wholly-owned subsidiaries a term loan facility for up to $75,734,900 with The Export-Import Bank of China.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Diana Shipping stated that the facility will be used to partially finance, after delivery, the acquisition of 2 new-building Newcastlemax dry bulk vessels of approximately 208,500 dwt each and one new-building Kamsarmax dry bulk vessel of approximately 82,000 dwt.
The company noted that the signing of the shipbuilding contracts were announced in May 2013 and January 2014.