GoldenTree's Steve Tananbaum Goes Long American Shipping Company - Hedge Fund Alpha (formerly ValueWalk Premium)

GoldenTree's Steve Tananbaum Goes Long American Shipping Company

Steven Tananbaum is going long American Shipping Company (OTCMKTS:ASCJF) (Norway:AMSC), which trades publicly in Norway. Tananbaum posted his bullish thesis on American Shipping Company on an investor forum, Harvest. This forum has recruited some big names in the hedge fund industry in a short period of time – Kyle Bass posted on Harvest in December where he revealed his long bet in General Motors Company (NYSE:GM). GoldenTree is one of the bigger credit funds GoldenTree Asset Management was founded by Tananbaum in 2000 and can be categorized as a credit firm, using a somewhat similar approach to managing money as Canyon Capital and...

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