Replies to post #72 on Scorpio Tankers Inc. (STNG)

[SmartMoney247]

So..company raises 200M, has over 100 vessels and everyone's quiet....?

[benfrankledger]

Scorpio Tankers (STNG -1%) is upgraded to Buy from Neutral with a $5.50 price target, raised from $4.50, at UBS, which says the company could benefit from a looming supply-demand inflection point for product tankers in 2018.

[benfrankledger]

Scorpio Tankers (STNG -0.6%) holds up well despite pricing its 30M-share public offering at $3/share; shares fell nearly 5% in after-hours trading following disclosure of the offering.