Nordic American Tankers Ltd (NAT)

[conix]

Zorba-- do not get discouraged. I, too, made a mistake buying in NAT at $9.00--thinking that we might be seeing an overreaction in the distribution rate being cut. But I was too soon.

IF--and it is a big IF--IF management starts to get their messaging fixed and muzzle that arrogant, condescending CEO in the next conference call, we could see a turn in the price. Right now, delusional management coupled with no end in sight and no real encouragement on the immediate future just sets up the stage for a continued "buyers strike".

Who wants to buy NAT now with tax loss selling starting? With the weak chart that NAT has, there will be plenty of investors booking a loss.

And I may be one of them.