HMR is currently trading down from $1.71 to $1.05. It is a small and lightweight shipping company that specializes mostly in crude and other energy shipping routes but is not asset heavy. They recently acquired a small shipping company giving them access to Turkish and Dutch hubs and seem rather uniquely positioned to take advantage of the nonsense in the Strait of Hormuz. They posted positive growth last quarter and have their next earnings report in August.
I personally think it’s a solid short/mid term play, but wondered if I’m an idiot. Anyone else think HMR is a good play?