International Seaways shares fell more than 6% on Monday as VLCC fixtures were hovering above $200,000 per day in one of the strongest tanker markets in recent memory.
The Lois Zabrocky-led company has 10 VLCCs, so a plunging stock value while earnings are rising has upset some investors.
Independent researcher and investor J Mintzmyer believes International Seaways should be buying back its own shares, and he shared his view with chief financial officer Jeffrey Pribor on Tuesday.
