JYUMonte44
03-28-2016,
How about some suggestions for stocks under $20?
I picked up one yesterday that went on sale after they reported another great quarter, TOP Tankers (TOPT) a small Greek shipping company.
Cramer doesn't like the oil tanker sector, yet, but these guys have increased revenues hand over fist during a time when there has been a slump in rates, have long term contracts for most of their ships that include profit sharing, and are on a high growth pattern with increasing acquisitions for their fleet.
I got it to stay long. If they make this much money when rates are low, what will they make when they go back up? :)
I picked up one yesterday that went on sale after they reported another great quarter, TOP Tankers (TOPT) a small Greek shipping company.
Cramer doesn't like the oil tanker sector, yet, but these guys have increased revenues hand over fist during a time when there has been a slump in rates, have long term contracts for most of their ships that include profit sharing, and are on a high growth pattern with increasing acquisitions for their fleet.
I got it to stay long. If they make this much money when rates are low, what will they make when they go back up? :)