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No. of Recommendations: 4
figured it could be worth up to $5.17/sh with some
recovery in the tanker market and a small adjustment in its dividend yield


I realize that you don't believe it's worth up to $5.17 anymore, but the dividend was raised, if only by a penny per quarter. Do you still believe TNK has upside with a recovery and a $0.12 yearly dividend?

My TNK shares are also in an IRA. A fairly small position, so I am inclined to wait this one out in hopes of the tanker market stabilizing - hopefully by the end of 2013.

I hope you will keep this board (or the Shipping News board) posted on your thoughts.

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