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S&P 500: 1,317.45 Change: +0.03%
ladyfriend2
P&P Score: 10.75 | Points: -21.86 | Accuracy: 44.00 | Average Pick Score: 49.66   Annual Return: N/A  
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BUY: GENERAL MARITIME CP (GMR) Rating: 3
Start Price: $10.24
Points: -24.03
Created: 05/12/2009
On a members suggestion I took a look at this and find it rather intriguing. the dividend is more than healthy in this environment and it's cashflow, opportunity for aquisitions is a fundemental plus. Their recent report does mention decline in business,as does everybodies. This is an excellent entry point for this investment, then I would not look at it for at least 9 monthes.

1 Comment(s):

Author ladyfriend2     Date 2009-07-21 20:27:20
Nonperformer, unless losing value is a perfomance your willing to pay for!
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