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Opinions Michael Smedley
Teekay Shipping Corp.TKTOP PICKNov 25, 2004
Oil tanker business is absolutely phenominal. Prices they are getting for shipping oil is unbelievable.
Michael SmedleyOwned
$54.17
Stock price when the opinion was issued
$11.91
As of Jun 18, 2026. Market Open.
Transportation
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HOLD
A bit slow at the moment. Sold a part of his holdings. A high quality company. Has put on some longer term investment through LNG tankers which is part of the future. Good long term hold.
Michael SmedleyOwned
Transportation
PAST TOP PICK
The business it's in, is very volitile. Reletivly speaking TK is pretty stable, as it has contracts for 5 years.
Michael SmedleyOwned
Transportation
TOP PICK
(A Top Pick Nov 25/04. Down 19%.) One of the world's largest in the giant tankers. Putting on a large liquid natural gas energy fleet. Trades at only 5 Xearnings.
Michael SmedleyOwned
Transportation
