Why would this continue to sell off I bet I cannot see any logical answers. I have always been telling folks on this boards this was never meant to be a 4 or 5 dollar stock. Must be some bad news behind the scenes.
that has been the trend last 3 years. Nothing changed.
Exactly my point you clearly cannot e plain why VLCC rates now over 100 K and Fro 2.90. If smart money is not buying at this price and driving up FRO shares what will? My friends this should be trading over 6 bucks with rates this high and paying out at least 10 cent divvy. If it trades close to 3.50 this week or closes above that I would be believer
someone help me understand why FRO trades less than 5 dollars If FRO can't trade above 3 4 or even 5 at record rates something is seriously broken with this stock. I have been saying this all along.
One thing for sure I have called this more on the correct side than incorrect more than anyone on this board and for those who have followed me would also agree.. Sweet dreams kids
Your all very delusional for thinking this will trade over 3 dollars. If it can't trade at 3 with these rates imagine where it trades if rates hit 30k ?
must be dissapointing.
Short or Long can't make any money on 1 cent or 2 cent moves in the last week. When is officially the merger suppose to happen and the dividend?