I'm not sure why every question has to do with FRO, many are missing out on this ST and LT opportunity by not focusing on the fundamentals of SFL...IMO
FRO is up 21%+ as of now based on what could be a old market heating up again for them as the US "Oil Patch" market heats up for the next decade.
I think I have the solution, look at SFL like we did, 2X average dividend and a value stock because of FRO, solid management and a recovery in market is always good for the "transportation" market, to me its the FRO scare that created such a great opportunity LT
FRO, the keystone JF company has been in the sewer for almost 6 years now. Some here (including me) made a ton on it, and other shippers , before the market crash in 08-09. It's had a couple of brief spikes in the past few months and I would only use some spec. money on it right now.