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(EMAILWIRE.COM, December 02, 2011 ) Chicago, Illinois - The Stockfather (www.thestockfather.com) believes that Frontline Ltd. Ordinary Shares (NYSE: Fro) will continue to move upwards, after being beaten down all the way to $2.52 a share.
Frontline Ltd. (FRO) is a shipping company, which happens to be the biggest tanker company in the world.
Frontline Ltd. (FRO) is a carrier of ore and oil.
Frontline Ltd. (FRO) quite honestly was beaten down too far, and now should lunge forward, as oil prices climb.
Gas prices have actually been dropping, so that means consumers will be be less worried, worried, and drive more, which will mean a demand in gas, which in result could send shares of (FRO) higher.
Shares of (FRO) closed at $2.99 on Thursday, and have a 52 week high of $27.76.
DryShips Inc. (NasdaqGS: DRYS) had a very good day on Thursday, as shares rose .25 cents to close at $2.50.
DryShips Inc. (DRYS) is a stock to buy on dips.
Diana Shipping Inc. (NYSE: DSX) closed even at $7.49 on Thursday.
Diana Shipping Inc. (DSX) is trading just .90 cents off its 52 week low.
Nordic American Tankers Limited (NYSE: NAT) fell .64 cents, or 5.11% on Thursday.
Nordic American Tankers Limited (NYSE: NAT) is trading at just .31 cents off its 52 week low.
Ship Finance International Limited (NYSE: SFL) had trading volume of 1,273,949 on Thursday.
Ship Finance International Limited (SFL) has a 52 range of $9.20 - $23.07, and is currently trading at $9.97.
These five shipping stocks are all trading close to their 52 week lows, but (FRO) is far off its 52 week high, and is a shipper of ore and oil.
This is why Thestockfather.com feels that Frontline Ltd. (FRO) will more than double in just a short period.
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About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
The Stockfather
David Conway
312-473-5916
alerts@thestockfather.com 
Source: EmailWire.com
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