Should they stay or should they go?

That is the question facing New York IPO hopeful GoodBulk Ltd and its underwriters as they contemplate exactly when to move forward with what could become the first successful US shipping offering in three years.

The deal could be launched as early as Monday, though current sentiment probably leans against it.

It might instead move out the week after the July 4 holiday break in the US, a stretch that will be seen as a middle ground between the quick option and a third one.