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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 1659  
Subject: Re: Dec 2012 musing Date: 12/8/2012 10:15 AM
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Sold remaining FAX shares. The holding had been a good, steady idea for several years. Still like
the idea, but I think at the current price the upside is somewhat limited. Sure, there's a monthly
dividend with a nice yield, but I preferred the idea when it had both growth and yield.

Added to the TNP position @ $3.31/sh. Still a little nervous about the fleet valuation, but their
charter coverage is a slight buffer. Well, that plus their cash position, financing on their
two shuttle tankers, shuttle tanker charters, etc.
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