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Michael:
May 20 07:19 am
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All Comments by Archman Investor »Frontline's a Buy Heading into Earnings [View article]
That was a well written, thought out article, full of facts and explanations.
But where were you 80% ago on FRO? 60% ago on all the bulk shippers?
The time to buy is when nobody wants them, and nobody talks about them. Your logic still applied when they were getting killed a few months ago. That was the time to but them. I have owned FRO in the past. If oil prices correct, which I am sure they will, FRO is going to get killed, just because people associate oil tankers with oil itself.
Again, good article. For the un-informed investor (or gambler, etc) this article would have been much more more helpful about 4 months ago.
I have no positions, either long or short, in any stocks you mentioned.