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Frontline Ltd. Message Board

  • majikline64 majikline64 Aug 28, 2009 8:24 PM Flag

    Don't know if this has already been

    posted, but S&P reiterated their sell rating on FRO today. Maybe that's the reason for the sell-off in the face of a good earnings report. Must not have been impressed with conf. call.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It's funny how it works sometimes. Sometimes an analyst will actually look at a chart for a stock they are researching. When they see a trend of a run up to an earnings announcement then a dump, they adjust their ratings to align with what they expect. Sometimes it works, sometimes it doesn't.


      When it happens though, sometimes the chart dynamics becomes a self fulfilling prophecy.

      Best of luck,

      Barbershores

 
FRO
3.03-0.09(-2.88%)12:54 PMEST

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