Will Good Times Return for Overseas Shipholding Group Inc (PINK:OSGIQ)

Las Vegas, NV -- (SBWIRE) -- 02/22/2013 -- Overseas Shipholding Group Inc. (PINK:OSGIQ) is up 4.67 percent and trading at $1.12 till midday. The share price is trading near its lows however it has considerable margin for capital gains as its highest in last one year stands at $13.28.

The total value of Overseas Shipholding Group Inc in market is totalled to $35.24 million after today’s surge. However, there is negative news surrounding the company that it owes almost $463 million to US Government in form taxes and interests. Company also filed for bankruptcy last year.

Overseas Shipholding Group Inc mainly deals in the ocean transportation of crude oil and petroleum products. Its Head Quarter is in New York, United States.

To find out what OTCMAGIC projects for Overseas Shipholding Group Inc for both short term and long term please click here: OSGIQ

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