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Re: Crazyjake27 post# 603

Wednesday, 01/21/2015 2:19:15 PM

Wednesday, January 21, 2015 2:19:15 PM

Post# of 795
It's a no brainer! This company is owned by one of the world's richest billionaires & he's well known for self financing to maintain company reputation. They recently released plan (audio conference available on their website) to become world's foremost crude carrier based on strong oil price contango. It's well known that crude carriers can erase a year of losses in one good week. I've been long since around a dollar fifty & not selling until I've made 30k. With low oil prices predicted to end of this year this stock will pop big time before earnings report on the 27th Feb. Market makers are trying to drive prices down to allow the company to buy back in to erase some debt when she pops big time. Mates of mine at Jumbo shipping have stated that Frontline are the Number 1 crude carrier. Apparently people trust & continue to work with them simply because they just 'make it happen' with minimal fuss. That's the kind of company everyone likes to deal with :)
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