Overseas Shipholding Group Inc (OSG) News

OSG looking good @ $3.00
earnings 11/04

Overseas Shipholding shares are trading higher after Saltchuk Holdings reported it submitted a preliminary non-binding proposal to Overseas Shipholding Group's board to acquire all of outstanding shares of the company not already owned for $3 per share.

News: $OSG Overseas Shipholding Group, Inc. Announces Agreements to Purchase and Time Charter Vessels

Overseas Shipholding Group, Inc. (NYSE: OSG) announced today that its subsidiaries have entered into agreements with BP Oil Shipping Company USA and BP AMI Leasing Inc. to purchase U.S.-flagged crude oil carrier vessels operated by Alaska Tanker Company LLC (ATC). OSG currently owns a 37.5% i...

In case you are interested OSG - Overseas Shipholding Group, Inc. Announces Agreements to Purchase and Time Charter Vessels

what’s the divi details?

At least a slow steady up tick.

Forgotten step child

Still Going ^^UP^^

Bought some shares day before yesterday. Nice gain today, but playing long till after the 1st of the Year

I saw a few HUGE buys = between $100 & $200K worth around Noon at $3.10 on Friday

NYSE market maker kept posting 20K+ Asks and they were scooped up ! = ran PPS into $3.13

SEVERAL times ............ eventually they (NYSE) prevailed

and the trading continued from 3.06 to 3.09 for the rest of the session

the stock sold off at the end into 3.06 ( & 3.05)

P.S.

take a look at Stockcharts for OSG ........ what do you make of it ?

I think it's screwed up

....................................... go OSG

Up 20% premarket looking to double next week imo.

the Shorts are trying to block this by placing huge Asks

but they will NOT succeed ...........

The fundamentals are WAY better than the current PPS of $2.86

opened at 2.83 , closed at $2.86

( 500K shares in the last 5 minutes , compared to about 20K prior )

.............. the current AH at $2.92 )


GLTA ............................................................. go OSG

OSG

Very impressive day today, fun to watch.

Good luck to all.

The divi does look good.

I like the divi interesting