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ldzi,
Nordic American Tanker reports loss, cuts dividend
(6:24 AM ET) LONDON (MarketWatch) -- Nordic American Tanker Shipping /quotes/comstock/13*!nat/quotes/nls/nat (NAT 29.93, -0.90, -2.92%) said it swung to a second-quarter loss of $137,000, as net voyage revenue dropped to $29.7 million from $63.2 million. It earned $35.5 million in the year-earlier period. It said earnings per share from continuing operations were 9 cents a share. Analysts polled by FactSet had expected earnings of 5 cents a share. The company will pay a dividend of 50 cents per share on or about Sept. 4, 2009, to shareholders of record as of Aug. 21, 2009, down from 88 cents in the first quarter. (Corrects loss.)
INTERESTING WORDING...."(CORRECTS LOSS)". What does that mean? Will the third quarter divi be back to .88/share if revenue picks up?
ldzi note, in the past three years (2006/2007) Nordic had a spate of loosing quarters....it still paid out above 12% divi. In mid 2007 it posted two consecutive loosing quarters and cut the divi to .40/share from 1.17. Subsequently Nordic posted 5 consecutive profitable quarters raising the quarterly dividend; 1.18, 1.60, 1.61, .87 and .88....a bit reactive wouldn't ya say.
Actually the whole industry has slumped and may be due a
resurgence.
DJ US Marine Transportation Index
Even though it cut the dividend in the out quarters to .12.5/share, I'm hanging on to my 2000 shares of GMR.
I'm looking to see if it ever left an upgap unfilled.
I have 0 cash, I am in Tanks and BEE!
Pu....lus, I would rather be in HUN than ARSD.
The bid/ask is rediculous.
Of course I may want to get out of FLY at this recent high....I would really be a dumbshit if I let a recent dollar/share gain go to hell on a share dump just to bet that my .20/share dividend will come through........just a result of bone longheadedness!
With out a doubt ldzi 5.95 or 6.00 is attainable technically considering the head and shoulders HUN has just posted.....I am a little more conservative with HUN and I want to get in at 5.65/5.70
This donkeyass piece of chit may respond from 3.25 but who tha hell knowes?
This is a fiddled piece of chit...tha's why I gave it up months ago
PROBABLY ME....."SUNSHINE DAYS"! I ain't here for the Bull chit! The only reasons I tolerate you is/are that I think you know something more about the equity markets...yes far more than i do!....uh maybe. But I'm willing to do the DD that validates you and if neccessary invalidates you. I am not predisposed and I do not want to invalidate you....keep your chit closely held!
Study your Greek historyu/mythology.....my friend.
MACH2.....hereinafter known as Herodotus
Double WHOA........a 10% spread bid/ask doesn't give me much confidence in this stock!
ldzi.....Where have I heard that before....?!
I'm not getting anywhere with BEE. I thought I would trade out and pick up HUN. But then maybe BEE is about to gain again...?
Idzi....what's my entry point?
Geesuz Kehrist! Did everybody stop out? Not much short interest before today.
Company Data
Company Name: Huntsman Corp
Dow Jones Industry: Commodity Chemicals
Exchange: NYSE
Shares Outstanding: 237,439,000
Market Cap: 1.6 Billion
Short Interest: 5,350,603 (2.25%)
52-Week EPS: 0.77
52-Week High: 14.50 on Thursday, October 30, 2008
52-Week Low: 2.0301 on Tuesday, February 24, 2009
P/E Ratio: 8.66
Yield: 6.00%
Average Price: 5.94 (50-day) 5.12 (200-day)
Average Volume: 4,926,600 (50-day) 5,038,500 (200-day)
idzi; I would set those stops conservatively
Yes I'm aware and I'm real happy for you!
How about saying a little prayer for my Tankers!
Idzi.....what can I say? Y-day's market took the wind out of the sails! After hours trading showed some possivity on a piddling number of shares, and this mornings futures look strong.
My main holding GMR reported crap earnings and it declined marketdly after hours, They will pay the promised .50/share divi in the coming months (September) but the board reduced the quarterly divi 76% going forward,,,,,Son of a B!
Stinking bid/ask 12% premium....sux!
Hey I'm ashamed.....looks like HUN taught me that candles don't mean a thing.
But I will say that as long as that gap up sits there I'll be suspicious of futher share price growth without correcting to fill the gap!
One nautical mile per gallon.....!
Okay I'll study....I'm sitting here in cash after several sells based on Thursday's gaps up. Suredafuk fooled me this Friday....naw, HELL NO, them gaps gonna be filled "Ubetcha"....I really like that film, FARGO. LOL.
Fine, then don't set a stop at the 100EMA.
The 50EMA has changed to neutral slope, going uptrend?
Nice candle.
I would sell and wait for the drop....that doji it printed gives me reason to pull out and wait.
Hanging Man / Dragonfly Doji Bearish
Pattern: Reversal
Trend: Bearish
Reliability: Low/Moderate
How to Identify it
Small real body at the upper end of the trading range
Lower shadow at least twice as long as the real body
No (or almost no) upper shadow
What it Means
There is a sharp sell off after the market opens during an uptrend. However, by the end of the trading day, the market closes at or near its high for the day. This signifies the potential for further sell-offs. Since the certainty for a Hanging Man indicator is low, the trend reversal can be confirmed by a black candlestick or a large down gap on the next trading day accompanied by a lower close. If the open and the close are identical, the indicator is considered a Dragonfly Doji. The Dragonfly Doji has a higher reliability associated with it than a Hanging Man.
I think Cramer has been pushing to sell into any rally.
And I'll guandamtee ya that the will fill....as soon as the pecker heads think it's safe to short. If I was smart enough to do it I would watch PUTT volume go up as a prelude to shorting. Hell tomorrow, Friday, may be as good as any to watch the shorts come in....sell into the rally...short away!
Damned I hate when I'm right....HUN broke 3.50 four days before I expected it to!
Yes a flag pattern.....hold it for a continuation of the trend!
Yeah well if I held 1000 @ a recent 1.50/share for a trade could I have gotten rid of it on this pop. Rediculous volume, questionable activity, Hanging Man candle so far this morning.....going down, no options, lousy short interest.
Mayby good short candidate.
Company Data
Company Name: Gsc Investment Corp
Dow Jones Industry: Equity Investment Instruments
Exchange: NYSE
Shares Outstanding: 8,291,000
Market Cap: 18.7 Million
Short Interest: 3,129 (0.04%)
52-Week EPS: -2.10
52-Week High: 11.48 on Friday, May 30, 2008
52-Week Low: 0.89 on Thursday, November 20, 2008
P/E Ratio: n/a
Yield: 44.44%
Average Price: 2.11 (50-day) 5.43 (200-day)
Average Volume: 16,200 (50-day) 33,900 (200-day)
The 100EMA/SMA has been a reversal ceiling in the past.
I hope you did not get stopped out y-day. Watch out now!
I wouldn't be surprized by a rebound. Maybe you are looking at an inverted head and shoulder, 3.50 in a week to 10 days?
Okay....just checking on you.
Yeah I know but the volume is SOOOOOOOO stinky!
Looka at NAT! Buying op....but me no cash AGAIN!
Well better watch it. Strange gap down doji. Long lower shadow is ominous!
But I like playing with my peeny's.
It's a cheap date....!
Oh my aching ARSD!
Still a good candle for today.
Headfake?
It's 3:20 EST, do you know where your stop is?
I'm paying more attention to FREE
I've ignored it a long time......it lost me money and I never look closely since I saw it in the .50/share range. Well TOO FUGGIN BAD FOR ME! Now it has my attention...especially after the gap down today! Still pulling the 50 day up.
FreeSeas (NASDAQ:FREE) cut to Neutral to Credit Suisse DUHHHH!
Agree on the "Friday comment" Alex.
I still like GMR for the current divi and long term. .50/share was promised to the stockholders with the merger of GNR(old) with ATB....GMR(new) yielding 28.57% at today's share price. I suspect the divi will drop if the world economy doesn't improve this summer.
DIDIT!
I'm back in at a half measure laddie.
Dontworryaboutit.
Candy is dandy, liquor is quicker but just tell em to buy OCNF at 1.34 then get ready to trade out at 1.62 in a few days, 20% money in a week ain't bad!
"Dead Presidents" is "Dead Presidents"...they all spend the same.
I found a friend.
Watch him for me will ya.