Hot Pick Of The Day

[dmk112]

I missed it. Thought I'd wait on FRD until after earnings. Oh well can't win then all!! Great pick up off the high 11's

FRD actually closed @ 12.50 so it may not be too late, but I would wait till earnings.

[New-born baby]

Fro

FRO Investors:

Here's a heads up about what's happening on the tanker front:

Morgan Stanley downgraded all tanker stocks from accumulate to neutral this morning. It seems every tanker stock "tanked" in the a.m. FRO was down $1.60. That, I think, was the analysts trying to get your shares. It finished up for the day about .30 or so. The oil price is good; India and China are importing more and more oil everyday. I think tanker stocks are fine. But they are volatile, just like housing stocks. However, FRO is a payer. In the last 12 months alone, in dividends and free shares of SFL she has paid 119% of the stock price. Not too bad . . . .

FRO is due to pay a dividend on 2/23/05. Scottrade says $2.50, but there are rumors that FRO will double the dividend this time around: $5! Furthermore, FRO is going to give away another 25% of SFL in May or so (date not yet set). In any case, you could buy some shares and hang on until the just before the ex-date, and probably see some appreciation in price. Then if you do hold, it should be good.

[mrmarket]

FRO Investors:

Here's a heads up about what's happening on the tanker front:

Morgan Stanley downgraded all tanker stocks from accumulate to neutral this morning. It seems every tanker stock "tanked" in the a.m. FRO was down $1.60. That, I think, was the analysts trying to get your shares. It finished up for the day about .30 or so. The oil price is good; India and China are importing more and more oil everyday. I think tanker stocks are fine. But they are volatile, just like housing stocks. However, FRO is a payer. In the last 12 months alone, in dividends and free shares of SFL she has paid 119% of the stock price. Not too bad . . . .

FRO is due to pay a dividend on 2/23/05. Scottrade says $2.50, but there are rumors that FRO will double the dividend this time around: $5! Furthermore, FRO is going to give away another 25% of SFL in May or so (date not yet set). In any case, you could buy some shares and hang on until the just before the ex-date, and probably see some appreciation in price. Then if you do hold, it should be good.

With the high price of steel, you won't be seeing much new tonnage coming any time soon, and even when you do, you can bet these new ship owners will want to cover their investment by jacking up world scale rates. I think the ships will still sail for a while.

[New-born baby]

Huge Thanks

With the high price of steel, you won't be seeing much new tonnage coming any time soon, and even when you do, you can bet these new ship owners will want to cover their investment by jacking up world scale rates. I think the ships will still sail for a while.

MM,

Huge thanks for your 19" biceps worth of opinion!

NEWSFLASH: Drudge reports via London's Financial Times that OPEC will have to pump to the max to meet world oil demands due to China voracious appetite for oil. At the same time, Russian production is falling.

This means tankers will be busy. This also means it is a good time to hold some Cans.

[dmk112]

Anyone following CKCM?? It has been hit hard with selling last few days (b/c it fell short of revenue - beat eps). IT has rebounded today nicely.. Any thoughts?

[RL]

I Would Be The Last One To Advise Anyone To Buy Any Stock But This One Is Going To Be A Big One. Sglt

[jiesen]

Sglt?

I Would Be The Last One To Advise Anyone To Buy Any Stock But This One Is Going To Be A Big One. Sglt

you mean sgtl?

http://finance.yahoo.com/q/bc?s=SGTL&t=1y&l=on&z=m&q=l&c=

[RL]

Sorry About That I Ment Sgtl.

[MickyMouse]

Sorry About That I Ment Sgtl.

Hi RL,

Any specific reason you can share why it is going to be big?

Thanks in advance.

Micky

[RL]

Just bought THE

[RL]

Mentioned Topt To You Back On Feb. 13th. Now Everyone Starting To Talk About It

[New-born baby]

Fro Investors: Listen Up!

FRO-ites,

You should have received your free SFL shares into your account today.
I did.

[billyjoe]

New-Born,
Yep, the SFL shares have arrived. I'm up 7.57% now with the dividends still to come. FRO's current yield is 20.84% and SFL's is 8.13%. Thanks again, New-Born.

billyjoe

[New-born baby]

Dividends

New-Born,
Yep, the SFL shares have arrived. I'm up 7.57% now with the dividends still to come. FRO's current yield is 20.84% and SFL's is 8.13%. Thanks again, New-Born.

billyjoe

BillyJoe,

Where did you get the SFL divy info? Scottrade doesn't list it as of yet. I'd like to know when and how much they are going to pay. FRO announcement is on 02/23/05. Let's hope it as good as some have said. The numbers will actually support a $7 divy this quarter . . . and don't forget the last 25% of SFL is still to come!

[billyjoe]

New-Born ,

Got my information from a Muriel Siebert site where I have an account. They apparently just took the .45 div x4. Don't know exact date, but estimate is March 7th.

billyjoe


MSN money has some interesting SFL info. 2/17 institutional ownership increased has list of inst. owners more info and alerts