DHT Holdings Inc (DHT)

[exlud]

I expect that more than a few folks share your thinking on that. It doesn't even take a back of the envelope calculation for me to know that I don't need to sell this for a loss this year, so I might just bottom feed. In the short term I don't expect much of a turnaround. Its a good idea to keep a close eye on OSG since DHT is joined at the hip with them right now. Long term it depends on how things go in the sector and what DHT decides to do once the charters start to expire in 2012.
There still are a lot of questions in my mind relating to the $300 million they are trying to raise. What is it specifically for? Will they offer preferreds? How much of this downward trend is dilution?