Teekay Tankers Ltd (TNK)

[wiredawg]

Yep, still holding this crappy ass tanker stock. I really thought this would have a bit more volatility, bouncing in between $3 to $10 range. On the positive, still pays a divy albeit only $.03 but its an yield of around 6+ percent. And currently, the $1.90 range are its lows. So a decent time to start a position. But I do think this oil-tanker business is difficult to predict/anticipate. At this point I'm only holding this as an hedge against if oil prices move well above $50 ($75 - $100). Which, I really do not want to see, ranging around $50 seems reasonable to me.

Anywho, GLTY