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As isolationism increases in the American markets, I see this U.K. company increasing their global business. Boycotts are a tool used by consumers, and everyone needs the products they deliver, so that should not affect their business model much, but companies that use their services, may have something to say about their customer base.
Nice to see them cut the dividend. I'd prefer $0 dividend if it means the stock jumps.
I assume the sources and routes for the shipment of oil will not change substantially, any time soon. Why has this stock taken such a hit? Revenue is almost equal to market cap.
It's been very solid. I sold at $38 and will buy again if it drops.
Higher highs. And huge dividends
What are we expecting to see from this stock in the short term?
This co pays a 24% div, and also appreciates. I don't understand why it gets so little attention.
I think we know who did. Lmfao you in at $30?
I have 1000 shares 8.80 avg. very little downside what so ever.
Agreed great entry rebound level
watching lol for the entry,did you bought at $20++
1.16 diference,gonna be soon 5.00 pps
and Q4 2019 Torm PLC Earnings Release - Actual: $1.98
Q1 2020 Torm PLC Earnings Release - Estimate: $0.83
TRMD~~05/18/20
Q1 2020 Torm PLC Earnings Release - Estimate: $0.83
TRMD~~Q4 2019 Torm PLC Earnings Release - Actual: $1.98
Interesting stuff here to say the least
1.7 billion dollars in vessel assets alone, plus the global glut in oil, there is a lot shortages in oil storage, so they will using their tanker for storage, this is a no brainer. There revenues are astounding to say the least.
I think if news comes in about the Government contract or some how leaks to traders it will trade in the 30's again tomorrow, other than that this is solid company that has been around for over 130 years. Those market makers knew the story, thus the spike.
That’s odd... what do u make of this tomorrow then
So this is what I found, there was a short on earlier today that has changed his sentiments and said there was a Government contract for half their fleets.
I agree I’m still trying to put the pieces together and I feel like we’re all missing 1 huge piece for this to make any sense whatsoever
There is no justified reason with the float being as high as 20 million tradable float for this to move into the high 40 dollars range, not even short covering would have warranted this kind of move, so either market makers know the company either sold sold some assets or all assets, they are usually the ones that kind of information from the insiders.
I know definitely did trade that way tho
But the float has shows over 20 million, this is very odd to say least. I can point what could be the cause. Definitely weird. There could also be news pending and market makers usually know this through the insiders.
Tried getting 10s early this morning and it was halted and bid jumped to 15.30 like u said one of the oddest stocks I’ve seen during one trading day... float seems like next to nothing
On fairly low volume hmmm
They will not be able to halt this after hours or premarket. One of the weirdest trading action I have seen thus far this year.
Look at my follow up poast ;)
Very nice
lol
This has to be either pending news or they will open it back up tomorrow..
The company been around since 1889. This is either a short squeeze or something else driving the price up.
http://www.torm.com
Yeah strange... not good imo
Why is it being halted for a random period of time? sometimes it's 5 minutes, sometimes it's 15 minutes, and now it has been more than 30 minutes!
No I did not get them yet and pulled order
Got 300 at 36 for a gamble
Hi DeadCellShadix,
Can you help me?! Please, I need some information about TORM (TRMD) from Nasdaq. I have some stock TRMD in Nasdaq, and I have seen that this stock have finished in Nasdaq.
Then now, What will happen with my stocks of nasdaq? TRMD will be changed by the other (TORM in Danmark) automatically? or I will lose all stocks from nasdaq? I don't know now...
Please, help me.
Thank you
In for 1500@ $5.14 and out at $6.20 for $1700
Someone is really getting filled good @ $5.15 if you ask me >< selling seems to have slowed tremendously
Wow people who bought @ $7.50 getting blasted... My wishes go out :/
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