Replies to post #258 on TORM PLC (TRMD)

[dealorfx]

definitely something wrong here with TRMD

cut my losses for now looking to re enter after the 30 day rule.

I'll take a looksee at those after awhile. thanks and check in frequently, perhaps we can exchange a few ideas off and on while
we are waiting for something here to take hold, if it ever will.

geezus, Both SEA and GNK up nice, the others I follow seems to be experiencing the same as TRMD, let's see over time.

http://stockcharts.com/scripts/php/candleglance.php?trmd,osg,gnk,ksp,tk,dht,cplp|B

good trades
Stan

[dealorfx]

STOCKS NEWS EUROPE-Torm falls; Jyske cites lower rates

Mon Mar 29, 2010 4:02pm BST

Shares in Denmark-based shipping group Torm (TORM.CO) falls as much as 2.5 percent, the leading faller in Copenhagen's top-20 index , with Jyske Bank attributing the weakness to a dip in product tanker rates over the past few weeks to a spot price of about $10,000 a day.

"There's nothing suggesting that rates would rise in spring or summer as new tonnage is being delivered at a pace that exceeds demand growth," Jyske says in a research note.

Jyske rates Torm as "reduce", saying the stock's valuation is not attractive and that no essential share price triggers are in sight in the short term.

Reuters Messaging rm://[e-mail]

[dealorfx]

turning nicely here now, but my favorite now is BTN

Im loading up on that one for sure.

plenty of time for TRMD

good luck to all
Stan