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Sell Gener8 Maritime For a 20% Win

Posted by on April 16, 2017 11:22 AM
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Categories: Stocks

April 16, 2017: Sell Gener8 Maritime for a 20% win in 62 days and congrats if you made money on the trade.

January 15, 2017: Gener8 Maritime has excellent valuation trading at a P/E of 3.48 and a forward P/E of 6.80. Gener8 Maritime has a market cap of $355.52 million and yet the company’s revenue was $405 million in 2016.

On Friday, January 13, 2017, Gener8 Maritime announced the delivery of the Gener8 Hector. The company took delivery of the “ECO” VLCC the Gener8 Hector on January 6, 2017, from Hanjin Heavy Industries and Construction Philippines, Inc. (“HHIC”). The Gener8 Hector represents the nineteenth of 21 “ECO” VLCCs expected to be delivered into Gener8 Maritime’s fleet. Upon delivery, the Gener8 Hector entered Navig8 Group’s VL8 Pool.

Gener8 Maritime Stock Chart

The Finviz screener settings used to find Gener8 Maritime are: P/E 3 – 4, Forward P/E 6 – 7, EPS growth this year 445% – 450%, Institutional Transactions Positive (>0%)

Gener8 Maritime, Inc. has grown to become a leading provider of international seaborne oil transportation services and a foremost operator of large crude tankers. Focused on modern vessels that conform to exacting requirements and strict operational standards, Gener8 Maritime transports millions of barrels of oil worldwide in a safe and environmentally friendly manner.

Gener8 Maritime has a fleet of 2 Panamax, 4 Aframax, 10 Suezmax, 24 VLCC, and two more VLCC’s expected for delivery in 2017, for a total fleet of 42 vessels.


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Lance Jepsen

For ethical purposes, I try not to hold any position in any stock I profile on unless specifically stated in the article. Owner of Seasoned entrepreneur, investor, and writer. I love God, family, country, stock trading, economics, and helping people learn how to trade.
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