This thing took a major hit today and I can find no stimulus for it. Any ideas? It went ex-div on 5/20 for .20, but that was over a week ago..........
Posted on investorvillage :
This is from Wall str. Journal:
April 28, 2014, 8:48 a.m. ET
Knightsbridge Tankers Cut to Equalweight From Overweight by Morgan Stanley
Possibly falling in sympathy with FRO.
Good insight, thank you. Interesting that one analysis can move an equity so much. Glad that SeekingAlpha and Cramer didn't chip in as well. GLTA