Something happenned here , not sure what. Other tanker stocks are little changed as of 8:55 CST. Oil is up and maybe that's an issue. No idea here, just know I'm close to being stopped out.
Thanks, good info. This has been a good informative board. I hope it doesn't descend into political nonsense like some others have.
Intertanko showed VLCC to Japan at $86k+ for today.
I guess if a brokerage comes out pre-market with an upgrade or downgrade then any correlation goes out the window.
You're right and the Oslo market traded 4x normal volume at about 4.5 million, so it's not a thin trade and the Oslo market overall was up as most of Europe did the same. Very troubling to see FRO dropping nearly 9% on no news contrary to the overall Oslo market. I did check Intertanko and VLCC rates are up yet again. When I see a stock declining in the face of good news, I get concerned. Thanks to my ill timed reentry at 4, I'm almost stopped out. I need to deploy more capital here or quit fighting the PPS.
No, there just an arm of the GOP, not real journalists just lots of right wing opinion Hannity, Huckabee, O'Reilly, Palin, etc. They should not be allowed to be called a news channel more like televised version of Hate Radio.
Agree, probably with help from Cramer. I did sell my 20000 share position at 4.98 which I picked up in the low 2's. Unfortunately, i reinstated my position after about a 20% pullback or average around 4. Obviously, it got away from me here and I am concerned. Since you seem to have a good handle on the PPS since Tuesday (post-Finerman), where is support. I figured maybe in the mid-3s, but obviously wrong, what are your thoughts?
11 now vs. 5 last week,