Previous post: [I went all-in on shipping - Week 1 : r/wallstreetbets](https://www.reddit.com/r/wallstreetbets/comments/1szr50z/i_went_allin_on_shipping_week_1/)
Seems like it's slowly but surely working out, I'm up another \~4% just today on my shipping all-in, overall up roughly \~20%.
Some updates:
\- CMBT got a $19 price target: [https://x.com/ed\_fin/status/2051208028385366059](https://x.com/ed_fin/status/2051208028385366059)
\- Pareto added CMBT to their portfolio: [https://www.placera.se/telegram/norbit-paretos-norska-portfolj-krossade-index-moblerar-om-infor-maj-20260504](https://www.placera.se/telegram/norbit-paretos-norska-portfolj-krossade-index-moblerar-om-infor-maj-20260504)
\- Strait of Hormuz is still blocked and the conflict is escalating: [Strait of Hormuz disruptions: Implications for global trade and development | UN Trade and Development (UNCTAD)](https://unctad.org/publication/strait-hormuz-disruptions-implications-global-trade-and-development)
\- The supplies on the 2000 stuck ships are starting to get tight, meaning if they get abandoned as the crew is rescued, they will remain there for a long time: [What we know about Trump's 'Project Freedom' in Strait of Hormuz](https://www.bbc.com/news/articles/c4g437depzpo)
Remember, do your research before you buy anything, I'm just posting updates on my own YOLO into shipping.