6-17 ... The shipping sector has been crushed in the last 6 months, but started beginning of this week, 3 are on the rebound from a very oversold position, and short covering. The 3 biggest gainers are:
FREE
NEWL
FRO
FRO is the only one optionable, and has the highest short interest of 8.28. This is a speculative sector and has a lot of traders involved from what I can see.
NEWL looks good.