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Friday, August 15, 2008 1:35:36 PM
I used to think the same thing regarding all pinks however, since I have purchased GDOCF and recieved an average dividend of 40 percent as well as growth, I have realized there are a variety of reasons for the pink status. GDOCF is run by one of the most intelligent minds in the shipping business. Google John Fredriksen, look at his companies, he pays out huge dividends. FRO is almost 19 percent and GDOCF is double that. Tuesday will be a big day. They will announce the next quarterly dividend. glta
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