In a note to clients equity analyst Robert MacKenzie said FBR Capital Markets will no longer follow shares of Tsakos Energy Navigation, Frontline, Nordic American Tankers and Overseas Shipholding Group due to a “reallocation of resources”.
The excuse was the same the firm gave when it pulled the plug on New York and Nasdaq-listed bulker owners back in June and similar to the one Lazard Capital Markets and Cantor Fitzgerald gave when they abandoned shipping research.
While
