HotStockMarket › Forums › HSM Stock Forum › Stock Forums for NYSE, NASDAQ, AMEX › OSG - Overseas Shipholding Group
New Posts  All Forums:Forum Nav:

OSG - Overseas Shipholding Group

post #1 of 15
Thread Starter 
Nice move, in at ~81. Water Transportation

post #2 of 15
Thread Starter 
Anyone else in this, made 8% so far. Watch tomorrow, money has been coming in at 3PM = Mutuals. Came in right away this morning due to the 1/2 day on Tuesday.
Keep watching, this is a good company.
Could break 90 tomorrow.
post #3 of 15
Thread Starter 
Sabrient Research & Jaywalk Consensus Report just rated "outperform".
I'll bet this gaps tomorrow.
post #4 of 15
Thread Starter 
Took some profits at $89.4, but still riding 75%...

Interesting report below:
Overseas Shipping upped to buy at J.P. Morgan

By Steve Goldstein
Last Update: 6:59 AM ET Jul 6, 2007

LONDON (MarketWatch) -- Overseas Shipping Group (OSG : Overseas Shipholding Group, Inc
News , chart , profile , more
Last: 88.40+0.13+0.15%

3:55pm 07/06/2007

Delayed quote dataAdd to portfolio
Analyst
Create alertInsider
Discuss
Financials
Sponsored by:

OSG88.40, +0.13, +0.1%) was upgraded by J.P. Morgan to overweight from neutral, even as the broker acknowledged missing out on 40% upside over the last three months. The broker, saying "it's better late than never," revised its forecasts after recent management meetings to factor in the value of its expanding charter-in fleet as well as its U.S. Jones Act business.
post #5 of 15
Thread Starter 
Overseas Shipholding (OSG - commentary - Cramer's Take - Rating) was in danger of having a negative reversal, as the stock gave back most of its early gains, leaving the chart looking like it's had a blow-off top.

The stock has gained some 50% in the past three months and gapped up $2 this morning to an all-time high of $90 per share following an analyst upgrade. But shares gave back the gains to finish near unchanged. The option premiums are relatively rich, making the sale of the August $90 calls at $3.50 attractive. But I would use a close above $90 a share as stop.
post #6 of 15
nice bounce on upgrade.....no resis.....totally controlled by the big banks

post #7 of 15
took a while to find bottom.....but this is a nice one
post #8 of 15
sold all my calls here.....will revisit
post #9 of 15
this stock might go to $100
Before the open, Dahlman Rose upgraded select tankers on a surge in spot VLCC rates and an increasingly stronger 2008 outlook : Before the open, Dahlman Rose upgraded Frontline (FRO), Overseas Shipholding (OSG), and Nordic American Tanker (NAT) to Buy from Hold, saying they are the most exposed to a stronger spot market. The firm notes that a week ago, VLCCs were averaging $33,000/day but have spiked to $84,000/day as of this morning. VLCCs heading East are averaging $90,000/day and those moving West are earning $75,000/day. There is significant momentum behind the market and rates should continue to firm and spread into other regions, says the firm.
post #10 of 15
You in Rostik? Looks like the sector as a whole is a play, the real underperformer this year has been CKH, only down play on the year. It is good news though...
post #11 of 15
re-entered on dip......holding apr and july calls......ckh looks good

post #12 of 15
62.72 a share

anyone?
post #13 of 15
monster move.........40 call june
Quote:
Originally Posted by rossiTK View Post
nice bounce on upgrade.....no resis.....totally controlled by the big banks

post #14 of 15
Interesting shipper chart here. PPS is under 38, book value over 61, 17% of float is held short, and that's roughly 8 days of average volume. Great looking daily chart.
post #15 of 15

40% short based on china slowdown was alot higher than that.. . earnings approaching..

New Posts  All Forums:Forum Nav:
  Return Home
HotStockMarket › Forums › HSM Stock Forum › Stock Forums for NYSE, NASDAQ, AMEX › OSG - Overseas Shipholding Group