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Longtrader783

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Longtrader783

Re: None

Sunday, 05/02/2010 4:44:56 PM

Sunday, May 02, 2010 4:44:56 PM

Post# of 4974947
Buy Frontline Ltd (FRO)

--(Pick Made 5/2 9am)--This tanker company trades at an inexpensive multiple and pays a great dividend which i expect to see increased as tanker rates rise. On the charts, the stock closed above and re-tested its previous resistance at about $34, I think the uptrend will continue and this stock will head towards $42

Full Disclosure: the owner of this website owns shares of Frontline (FRO)
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