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Tuesday, 10/23/2012 7:53:07 AM

Tuesday, October 23, 2012 7:53:07 AM

Post# of 37779
Jefferies slashes its price target on Overseas Shipholding Group OSG down to $1 from $3 after the company warned it might have to file for bankruptcy. The dire news from the company also rattled other tanker stocks yesterday - including Teekay TK
StealthGas GASS , and Scorpio Tankers STNG - as smooth sailing doesn't look likely with oil demand below forecasts.


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