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Premarket gainers: INFA +10%. TPX +10%. ECTE +9%. OSK +8%. STP +6%. THLD +7%. SNE +6%. Losers:...

Premarket gainers: INFA +10%. TPX +10%. ECTE +9%. OSK +8%. STP +6%. THLD +7%. SNE +6%.
Losers: SCSS -15%. BGMD -15%. EGHT -10%. SFL -8%.
Comments (1)
  • rjlehmann
    , contributor
    Comments (23) | Send Message
     
    If you in Ship Finance for the dividend, this sounds like a good deal. SFL redeems notes due in 2013 with new 5 year notes at lower interest. The selling of borrowed shares has no impact on the ability of SFL to pay it's future dividends. Having become a pure income investor, I pay little attention to market prices unless they indicate fundamental weakening and threaten the dividend.
    25 Jan 2013, 09:49 AM Reply Like
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