I am adding to my position here. This $3 stock is likely make over $1 a share in 2 to 3 years. There appears to be a limited downside if you can hold through all the manipulations. The hedge funds do like to play with STNG.
To the Investor Relations Department of Scorpio Tankers... what do you actually do?
I lost money here not long ago, but have been watching carefully since. STNG has a habit of biting off more than it can chew. I have also not forgotten how management went on about how safe their 10 % dividend was, right before they cancelled it. However it seems that time and again they are getting bailed out with fresh money. The fresh money paid has always paid at least $4 a share and usually more. I don't believe they will let this company die. Therefore I am back in as of yesterday, having paid much less than the recent bailouts. Maybe this time I can make money. We will see.
What does the pending merger (to occur in the third quarter) have to do with the realized results of the second quarter?
The Securities & Exchange Commission (SEC) requires companies to file earnings reports no later than 45 days after the end of their first three quarters, and their quarterly and annual reports 90 days after their fiscal year end. Companies file quarterly earnings reports on Form 10-Q or 10-QSB and yearly earnings reports on Form 10-K or 10-KSB. A company can file these reports or announce earnings publicly whenever it chooses, provided it follows the 45- and 90-day guidelines set forth by the SEC.
The Securities & Exchange Commission (SEC) requires companies to file earnings reports no later than 45 days after the end of their first three quarters, and their quarterly and annual reports 90 days after their fiscal year end. Companies file quart
Stock alerts from the The Wolf Trader. Stock trading, making money and always looking for the next big money maker.
Things seem to be getting overextended for STNG. Not sure how awe*some*sto-cks finds all these incredible trade ideas but im happy.
I think STNG might have reached its upward limit and that a pullback may be possible. if you guys have questions you should ask AWE-some.Stock.s. They often respond to my emails which is helpful.
Do these guys really know what their doing or are they just playing GAMES WITH OUR MONEY ?????
Diamond S and Hafnia are in merger talks. More consolidation coming in the product tanker sector. Bullish
Oh boy! The infimous reverse split is a coming.
$.0.30 to $0.40 per gallon Carbon Tax is coming I would be very cautious on tanker operators
Don't lose heart. The book value is $8.00!!!
I wonder how that 50 million shares @ 4 is going... This stock hasn't seen 4 since the new shares where announced. Hugely diminished dividend, diluted shares and no word from investor relations.
Monster MicroCaps Research Alert to STNG shareholders. Clean energy Technologies (CETY) is under 2 pennies with a market cap of under $4 million and just announced it is expanding operations and marketing by opening Sales & Service Center in Europe to serve the current 65 HRS (Heat Recovery Systems) installations and to expand sales in Europe.
CETY technology was purchased from General Electric in 2015 and is attractive to huge unmet markets that can achieve over $250 million annual sales within the next 2 to 3 years. Demand for conversion of wasted heat to electrical energy in large applications is very large and unmet!
Each CETY HRS (Heat Recovery System) sells for about $300,000.
Clean Energy Technologies, Inc. Establishes CETY Europe Sales and Service Center
COSTA MESA, Calif., June 1, 2017 /PRNewswire/ -- Clean Energy Technologies, Inc. (OTC: CETY) announced today that it has established a new CETY Europe Sales and Service Center in Silea (Treviso), Italy. ...
not at all sure what is going on first was told that dividend was cut to finance buyback then told diluted by 50 million at $4. why did they go through a buyback and then issue more shares. Starting to look like these guys are just pulling levers hoping investors will keep feeding their slot machine.
Yahoo Finance Insights
STNG reached a new All Time Low at 3.46
What happened to the dividend - I see only $0.01?? Was there any announcement about their dividend policy changes that I missed?..
Expect STNG to pop after June 1, 2017....secondary offering will be over and stock will rise to $4.50-$5 level. Long term potential is $8 to $15 when the industry gets rolling. Merger is very positive. Insider buying is also positive.