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Overseas Shipholding (OSG-N (Dead)) opinion on 2012-02-08

Last Price Recorded: 1.1300 on 2012-11-15

ON STOCKCHASE SINCE Jul 2011

Transportation & Environmental Services
BUY

Lorne Steinberg
Overseas Shipholding was $12.210 at time of opinion
Owned : Yes

Huge capacity of extra ships coming online. All of these guys are loosing money. Good news is that every year ships get scrapped because they are not efficient. There are a record number of new ships being ordered. 2011 will turn out to be the bottom of the trough for them. Because of Iran, a lot of buyers of oil will have to buy oil by ship, which will be a net benefit for these guys.
BULL on GLOBAL GROWTH

All opinions for OSG-N (Dead) (16)

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2 COMMENT
6 DON'T BUY
1 HOLD
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All opinions for OSG-N (Dead) (16)

1 BUY
2 COMMENT
6 DON'T BUY
1 HOLD
1 PAST TOP PICK
1 STRONG BUY
2 TOP PICK
1 WAIT
1 WEAK BUY
View All

More experts covering OSG-N (Dead)

SAVE
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1 Comment

mrgreat

October 29th 2012 at 10:17pm

Great call knucklehead.


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