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Frontline (FRO +19.4%) breaks out to five-month highs following a positive Seeking Alpha article...

Frontline (FRO +19.4%) breaks out to five-month highs following a positive Seeking Alpha article highlighting the return of old WTI-Brent price relationships, which means a renewed need to charter oil tankers. VLCC rates have jumped and should return to a level that makes FRO sustainably profitable again, Ryan Yates writes; dayates need not return to 2008 $200K-$300K levels for shares to get re-priced.
Comments (2)
  • jbassbia
    , contributor
    Comments (365) | Send Message
     
    Pick of the Shipping Sector Play on AMP Hedge Fund - article at http://www.amp2012.com July 24
    24 Jul 2013, 12:19 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8145) | Send Message
     
    (SFL) is also worth a look in this new paradigm.
    24 Jul 2013, 03:13 PM Reply Like
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