I sold all my stock several months back and put the profits into options for May...they expired worthless so now I'm just on the sidelines. That means it probably will double lol
To me the earnings report doesn't look that bad, but the market doesn't agree. The issuance of new shares and sharing of additional profits with SFL is a bit of a bummer. I'm continuing to hold my position for now. TT
They increased operating earnings is what I read. The owner is maneuvering to screw bondholders in case of a bankruptcy. I am long on oil in spirit. A dollar correction should give it a nice push. But, look how jittery foreign markets are. Volatility figures are much more elevated than the US. When it comes to Greeks, the rating I worry about is the Zagats and not Moodys.