Nordic American Tankers Ltd (NAT)

[skepticone]

Mexico 10...on 10 Oct you said NAT was oversold, (I know there are several ways people find oversold) RSI 14 chart was at 47.82 on the 10th that is very close to midway between overbought and oversold. (50) 5.25-5.45 was the PPS range for that day.Looks much closer to oversold now at 39.45, I still don't see that as oversold.

How are you feeling now about where NAT share price is headed? It just stated .03/ share dividend and that Q3 is going to come in lighter than the first 2 quarters. Still think revenues will come through to support PPS?

I still see no confidence in management. Revenue outlook shows no real promise and now dividends are all but gone. What upside is there? There are better places to invest. The only way I will play this is for a oversold rally and we are not there yet. RSI-14 around 20-20.30