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Frontline Ltd. Message Board

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  • phillipjmonkey phillipjmonkey Jun 20, 2008 5:31 PM Flag

    Pick An Exit Point

    "So if I sell half my postion WHAT do I do with the cash that is better then leaving here for the 15% divi"
    exactly....so why sell? You make a good case against yourself.
    Secondly there is no guarantee that there will be a pull back. I am not and FRO cheerleader, but I would not bet against it right now. IF you sell then it goes to 80 and higher, you will be kicking yourself, you will miss the divs and the capital gain. You will kick yourself double when you look at the rest of your portfolio. The market is not looking good right now, Fro could be one of few winners over the next 3-6 months.

 
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