STX OSV @ $1.25

Sell @ $1.25

Contra off my recent ones. Was too slow in the morning when it was at $1.26 for a short while. Vol = 18,410,000 ; Range = $1.24 to $1.265. Most likely, Oz would have been able to clear their last lots today (Bal = 11,679,000 on 13-Mar). If so, we can hopefully expect it to move higher in the coming days (of course will be reined in by profit taking). The recent positive analysts' reports on Rig Builders bodes well for OSV Builders as biz moves down the food chain with some time lag. Hopefully, it's not confined just to the Asia Pacific region as STX OSV target markets are mainly Northern Europe + Brazil (tiny part). 😀

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