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    • Fri Nov 28th 12:05 PM
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      Rating: +1 -1
      Commented on:
      Tanker Stocks: Frontline Slashes Dividend
      I do not own any of the aforementioned companies but do own TNK which increased its payout from .90 to $1.07 for the 3rd quarter.

      I expect this payout to decrease by 2/3rds next quarter but that will still be more than adequate by my standards of a 10% return after taxes. I hope to see it drop back down to its lows when I plan on finishing my accumulation, maybe in January, early Feb. of 09 when expectations will be very low again. Their fleet is very young, modern and nimble and their parent is TK.

      IMHO
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