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Knightsbridge Shipping Limited Message Board

  • cibrocsa cibrocsa Feb 14, 2013 6:57 PM Flag

    I thought this was a loser, so what happened?

    I sold mine last year at a loss because the SP was declining and supposedly their old tankers had little salvage and replacements didn't seem to be arriving anytime soon.

    Looks like the stock has turned (partially) around. What gives?

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    • shipping industry is "slowly" coming back, + big wig Swedish guy said he's accumulating ships , and this company has very attractive ratios when looking at it from the banking side i.e. we are preferred over other shippers to get loans," if they will loan", but I really have no idea :(. good luck

      Sentiment: Strong Buy

4.140.00(0.00%)Mar 13 4:00 PMEDT