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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (35160)	8/18/2009 5:14:12 PM
From: Paul Senior	Respond to of 78751

FR-J, I am still hesitant about adding. The ex-div date hasn't yet occurred (or been announced?) for the the upcoming Sept quarter .45 distribution, is that right? Looks like seldom, if ever, has FR-J traded above $25. At $25 often though, in the good times. Those good times - which may only come again far in the future, if then. marketwatch.com

To: E_K_S who wrote (35160)	8/18/2009 10:11:30 PM
From: Paul Senior	2 Recommendations Respond to of 78751

Tanker stocks. EKS, for me, I've pared back considerably on the tanker stocks I've had. Out of FRO completely after holding varying positions for several years; have dropped SFL to a small position. I'm slightly below breakeven with TNP (ignoring the good dividends I've received): Some TNP shares held since '04, some bought last month $15.67/sh, some in May at $18, some in Dec @ $20 (Stock closed today @$16.18.) Recent Forbes article on oil tanker stocks here: forbes.com I follow industry analyst Natasha Boyden on Bloomberg TV. I've found her opinions to be helpful sometimes, and right...sometimes. And sometimes she very quickly seems to change her opinions and recommendations. (That could be a function of the volatility of the tanker rates and tanker stock prices.) "Natasha Boyden, a shipping analyst in New York at Cantor Fitzgerald, lists only Tsakos Energy Navigation ( TNP - news - people ), of Greece, as a "buy" among the tanker companies she covers."