FRO will wipe out all shareholders in the next announcement about a reorg. It is as simple as that.
Dow closing at all time highs tanker rates screaming higher yet FRO remains under 2 dollars for the last 4 months. What does that tell you railnstocks??
under 2 dollars no one wants to touch this.
we all see that stock is at 1.64 too. TNP is over 6 bucks, Is that not where FRO should be?
3 bucks maybe 4
bet is under 2 by friday