It’s time…
$Torm (TRMD.US)$ Considerimg their market position and the fact that LNG exports are surging, demand is surging, and NG prices have turned north,….. If this stock isnt at a massive bottom right now, I dont know what is. The only thing that might put a little more temporary pressure on it is year end tax loss selling. But the degree to which that may happen isnt apparent, as I believe much of that has already been done on this stock. Either way, this stock, given its massive discount to fair value, its price target estimates, the demand for its services likely to rise sharply as well as tonnage rates going up from, and its outstanding Morningstar rating, my guess is that with a 25% dividend that typically pays out, this one appears more than a safe bet at these levels compared to other sectors, especially considering curent administration’s oil perspective. Weve got a lot of Gas in this country. And as the saying goes,….use it…(via exports)… or lose it to flaring.. which is like burning harvestable cash…Im a buyer here and any further it falls.
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Jwu007 : Very good insights. Thank you.