Perry.... not invested, but rather trading or speculating, the company has the ability to turn itself around, and has recently been able to get a few new charters. I don't have that much into it, but based the gamble on Coursonc's interest and my own chartwork. It has not turned out the way we figured, but there is hope. Reality, what a concept!!
Unless you believe that oil shipping is going out of vogue, or have a very short term investing horizon, then TNK is the kind of income play that looks even better, as PPS declines. Fools flock together and frequently moan in unison, let it be music to your ears and profit in your pockets. coursonc