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


To: batman10023 who wrote (1581)6/6/2012 3:05:04 PM
From: Covenant2 Recommendations  Read Replies (2) | Respond to of 1876
 
The C turnarund is up another 4.4% so far today, continuing to behave as a proper turnarund. Unfortunately, the NATDF turnarund is up today. I want to buy more, preferably at a lower price. I would love for NATDF to go down virtually every day just like HEK and DMND. Unlike HEK and DMND, there is value in NATDF.

NATDF is an offshore driller selling at a tremendous discount which has a double digit yield. NATDF is a John Frederickson company. Since it still has not been listed on a major exchange in Norway, it remains on the pink sheets in the US which makes it relatively unknown to US investors. There is a lot of potential upside in this one and it is in a growing industry.