Joel Kruger suggests this interesting Equities in his section Equities of interest :
Overseas Shipholding Group Inc. (NYSE: OSG)
his company has recently been getting bad press on concern that it has maxed out its lending facilities. Clearly there is now a lot of negative risk associated with the ticker, but as is the case many times, sometimes market participants overreact to news and the stock takes a harder hit than what the fundamentals reflect. Certainly the technicals are now violently oversold, and I would not at all be surprised to see a healthy corrective bounce back towards the $8 area at a minimum over the coming days. Any setbacks should be well supported above $3 on a daily close basis.
