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Author: Hohum777 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1158  
Subject: Re: One year done Date: 12/29/2012 9:24 PM
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Not sure how this may have changed with the FRO split with FRNT.

For now, the vessel management function has stayed with FRO. The restructuring event was not
really about fleet management. Even the FRNT vessels are managed by FRO. At least from my
perspective, the restructuring was to create an entity that could participate in a tanker
sector recovery.

2. Why do you think FRO took a nosedive this week?

For me, I got to add shares at year-end :)

Seriously though, I have no idea. Most of the US-listed crude tanker shipping companies dipped
a little, so it could just be a sector rotation. For me, I feel FRO's Q4 results will be better
than Q3, and likely better than the analysts (average) expectations, so I am comfortable jumping
in at the price pull-back.
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