Not Off the RIMM - Cramer's Lightning Round (9/3/08) [View article]
Frontline is entirely on the spot market and in tankers for crude and refined products.Eagle is in dry bulk (limited to the Supramax sub-sector, has credit insurance on its charterers and 3-5 year time charters--with one ship on a 10 year charter--has an entirely different business model than Frontline). These are not at all comparable risk models, so Cramer's comment is irrational.
Not Off the RIMM - Cramer's Lightning Round (9/3/08) [View article]