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
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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.