TORM PLC (TRMD): I agree, they are a company that's knock...

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Re: dealorfx post# 215

Friday, 03/12/2010 9:58:27 AM

Friday, March 12, 2010 9:58:27 AM

I agree, they are a company that's knocked down. Way down. But they aren't going away. I may get shanked for quoting Jim Cramer, but "look for damaged stocks, not damaged companies" I think this is a prime example. They have been nailed by a bad economy, have the same future outlook as most other shippers (unsure and somewhat bearish), they just didn't bounce back in 2009 quite like the others. I love their balance sheet, the income statement just needs to recover.

Your thoughts?

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