appears to be a 2016-18 hoped for turnaround. The short term does not appear to be exciting.
The recent rally we saw up to the higher 10's appeared to be a rising tide lift all boats concept due to fears of a tighter oil market due to potential Iraq tensions decreasing output, along with other similar things such as libya exports down , ukraine etc.
With oil caliming down as libya exports coming up, iraq still not causing export decreases, the sector is calming down and it makes sense for the air to come out of a weaker player like TLM.
So it would not be surprising to see the stock continue to be under mild pressure in the weeks to come.