Dato GT
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$Torm (TRMD.US)$ Ive quite a huge holdings with this company, unfortunately I’m guessing the stock price will fall to the level of my purchase price at USD15 if the downtrend continues.
However the downtrend isn’t only impacting TRMD but also other similar tanker companies like FRO.
My recommendation is to hold this position for long time, while control our mind on the down trend…
However the downtrend isn’t only impacting TRMD but also other similar tanker companies like FRO.
My recommendation is to hold this position for long time, while control our mind on the down trend…
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Dato GT
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$Torm (TRMD.US)$
I started trading this stock 2 years ago. And its a killer. They DO pay their dividends more often than not ( which are extraordinary ( currently 24%)) and the capital appreciation of the stock has been reasonably consistent 📈. Additionally TORM has had somewhat predictable “rise and fall” cycles with surprising timing consistency in between those cycles.
A few months ago, the majority stake holder sold a sizable chunk of shares,… but only...
I started trading this stock 2 years ago. And its a killer. They DO pay their dividends more often than not ( which are extraordinary ( currently 24%)) and the capital appreciation of the stock has been reasonably consistent 📈. Additionally TORM has had somewhat predictable “rise and fall” cycles with surprising timing consistency in between those cycles.
A few months ago, the majority stake holder sold a sizable chunk of shares,… but only...
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Dato GT
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$Torm (TRMD.US)$ 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...
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Dato GT OP stderr : Though I’m positive about its long term prospects, short term remains weak. Hope it will rebound soon