Replies to post #13790 on Your Economy (No Politics) (YE1)

[Bullwinkle]

Ya think? It did break out of the downtrend, but still has a bearish descending tringle going on there. Will be interesting to see if it follows a technical stock trading pattern though...

[FinancialAdvisor]

oo_buck, I found a stock that might somehow be able to benefit from this? TOPT which is trading at a 52-week low... granted this stock is soaked in debt in a rising rate environment...

It is profitable though...

"TOP Tankers, Inc. provides worldwide seaborne transportation services, carrying refined petroleum products and crude oil worldwide. As of December 31, 2005, the company’s fleet consisted of 27 vessels comprising 14 double-hull Handymax product tankers and 13 double-hull Suezmax tankers with a total carrying capacity of approximately 2.6 million deadweight tons. TOP Tankers was founded in 2000 by Evangelos J. Pistiolis under the name Ocean Holdings, Inc. and changed its name to Top Tankers, Inc. in 2004. The company is headquartered in Athens, Greece."




I'm going to keep my eye on it just cause...