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| Alias Born | 03/04/2006 |
Wednesday, September 07, 2016 11:14:53 AM
NAT went DHOT60 about 8 days ago at $10. CEO put out news about buying more shares and delivery of more tankers causing a gap up. The price then fell back closing the gap 3 days ago. I bought some shares cheaper than I did in Feb. At current price its paying a 10% dividend. Tanker rates have been on a slide for a couple months or so and may have bottomed. NAT has a long history of paying substantial dividends when tanker rates go up. With the increase in NAT owned tankers expect the same of the dividend when rates increase. Could be a good entry pt for NAT and other tankers
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