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

To: Madharry who wrote (49866)	10/25/2012 5:42:37 PM
From: anializer	Read Replies (1) \| Respond to of 78625

Wow, I haven't looked at OSG in a while. Took a little January pop off the table earlier in the year around 14 for a couple bucks on a trade, but never expected it would get so bad. It was a questionable hold and a quick trade at best for me. Too much debt. They have a huge operation and a big fleet like they have costs to much to run in bad times for shipping industry. They must have massive Overhead. It will be interesting to see what happens with the Co. PS: Haven't posted in a good while. Had some medical issues and have not been very active in the market this year. But I still hold a few and MHRD is the largest holding of the lot. When you aren't that active, at least divs help. I also hold some SIMO - recently clocked and not good, but I'll stay for some kinda bounce I hope. Seemingly way overdone on the downside based on earnings, but maybe I just don't have the foresight into the developing slowdown in growth there. But I don't like selling into panic dumping. What a range today. TRN, ZEUS, RELL, are others among a very limited portfolio right now. I'm down a few pennies on RELL, but the others hang on for thin gains as of now.