Frontline Ltd. Message Board
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Reestablished my position in FRO at 2.50
Bought back in to Fro at $2.505. I'm eather goint to catch the proverbial falling knife or its going to be a great turnaround play in a year or two. At this price, unless Fro is going completely out of business, I'm betting on the eventual turnaround
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Can anyone provide a basis for buying FRO at this juncture - besides the current share price?
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I just listened the call. How many times they used word "hope"? Some managements are hoping others are making money.
Sentiment: Strong Sell
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I took the same approach with OSG and the next day the stock gapped way down. I'd be out if it goes below $2.25...Good luck I hope they are sound
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bot in for first time in 4 years. 2.50.
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So did I, @2.51.
- 1 Reply to max_1_lotus
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Me to at @2.51. Even if they really do go BK you will see higher prices on the way there.
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