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Enter Symbol:
 
Golden Ocean Group Limited (GOGL) [hlAlert]

Rating:
Buy VLCCF
down 76.58 %

Knightsbridge Tankers, (VLCCF) upgraded to Buy with price target $16 by Global Hunter Securities

Posted on: Tuesday,  Mar 11, 2014  10:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy Golden Ocean Group Limited (NASDAQ: GOGL) on 03/11/2014, when the stock price was $12.30.
Since then, Golden Ocean Group Limited has lost 76.59% as of 01/14/2016's recent price of $2.88.
If you would have followed this Global Hunter Securities's recommendation on GOGL, you would have lost 76.58% of your investment in 674 days.

Knightsbridge Tankers Limited (Knightsbridge) is an international tanker company with the primary business activity of international seaborne transportation of crude oil. The Company's fleet consists of four double-hull very large crude oil carriers (VLCCs), one of which was built in 1996 and three of which were built in 1995. Each of the Vessels is owned by a subsidiary and is deployed on time charters operating worldwide. In addition to the VLCCs, Knightsbridge has contracted to acquire two Capesize bulk carriers under construction. Knightsbridge entered into agreements for the construction of two Capesize dry bulk carriers, each with a cargo-carrying capacity of approximately 170,000 deadweight ton, with Daehan Shipbuilding Co Ltd in the Republic of Korea.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/11/2014 10:25 AM Buy
None
12.30 16.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/17/2013 10:25 AM Hold
None
6.93

(*) Stock Price at the time of the recommendation.
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