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GMR almost gets cut in half


SporeMonger said: "(Taken from news on Yahoo) Shares of General Maritime Corp., which operates a fleet of crude oil tankers, traded lower on Tuesday, a day after the company paid out a special dividend of $15 per share. The activity also came after John Kartsonas, an analyst at Citigroup, downgraded General Maritime to "Sell" from "Hold." But the analyst also thinks the tanker market will see weaker charter rates in the coming months, which could affect companies with vessels operating in the spot market. Could it be a good time to buy, maybe?"

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