TORM PLC (TRMD): Yeah, I was thinking about it and I don'...

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Re: dealorfx post# 213

Friday, 03/12/2010 9:08:41 AM

Friday, March 12, 2010 9:08:41 AM

Yeah, I was thinking about it and I don't know if these "bad" earnings (actually in line with expectations) will knock it down any lower. It seems that this will just keep rolling until some incredibly good news. But, then again, I should be careful about that, because as anyone knows, until it's at $0.00, it can always go lower :-/. The poor and unsure outlook into the future make sme a bit nervous, but at the same time, this could be the bottom and we could be in at the right time. China is expected to up their imports, as it will be cheaper to get goods from elsewhere as their economy is recovering. Now will just China be enough to turn TRMD earnings around? We'll see.

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