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Turkcell Iletisim (TKC) Message Board

shamefulrepugs 3 posts  |  Last Activity: Aug 26, 2015 5:38 AM Member since: May 28, 2004
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    Steady as she goes!

    by donofoblivion Aug 6, 2015 6:20 PM
    shamefulrepugs shamefulrepugs Aug 26, 2015 5:38 AM Flag

    Look at the V on the Monday open! That took out all the stops. Naked market manipulation. Lots of investors lost their money to traders.

  • shamefulrepugs by shamefulrepugs Aug 4, 2015 9:53 AM Flag

    20 is the new floor. Yes, it's 19.98 as I write this, but that's just a sell on the news reaction.

  • shamefulrepugs by shamefulrepugs Jul 21, 2015 9:49 AM Flag

    Too far too fast. The Iran deal and the reintegration of Frontline 2012 is making this spike. It looked like, just a few years ago, that splitting the company was a way to let FRO go bankrupt without sacrificing the most profitable tankers. FRO had the higher break-even, older, less efficient tankers so took the losses. It was looking like a sacrificial lamb. Now with spot prices for tankers high that danger has passed. However, a lot of the demand is coming from the use of those old ships as tanks, not tankers. The Chinese are using them to store cheap oil. The oil will get pumped out as soon as there's an uptrend in the price, and FRO will lose that revenue. I'm long but really. It wasn't worth a buck less yesterday. Short-term overbought.

    Sentiment: Buy

TKC
9.32-0.32(-3.32%)Sep 3 4:02 PMEDT