Xanadu,
Thanks for that great information. I couldnt imagine JF selling ITCL but im really just starting to understand this industry. I was hoping that ITCL would become a long term investment similar to Knightsbridge . But if JF sells a tanker or the whole company and makes a terrific profit for the investors well i really cant complain. Lets hope thats the case. Hope you had a great vacation. Looks like you picked a good time to go. I know your long in most of your positions so you didnt have to watch the upheaval that seems to have taken place temporarily anyway. Alot of people are under the impression that oil is going to be free soon. I think they are going to be sadly mistaken. Especially when the winter heating oil season starts here in the states. I think FRO will be riding high again very soon. GOGL looks to have made quite a nice profit selling that capesize bulker. 42 million profit. I wonder how that will effect the next divi. They talked about a .30 cent divi for the next 3 quarters did you hear anything about that. I would be happy with that anyway. I think they have another capesize somewhere that is going to be sold. Im not quite sure though. Have a great day buddy, I am at my office and its a busy friday. I will check for any postings later today. Have a great weekend.,
Joe
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