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researcher59

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researcher59

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Re: CPTMatt post# 42006

Friday, 12/01/2017 2:36:43 PM

Friday, December 01, 2017 2:36:43 PM

Post# of 113718
NAP (7.95) is oil tankers, not dry bulk .... sure there's risk of a dividend cut, but they've locked in good charter rates for 3.6 years on average, so that's supportive of continuing payouts.

It's a volatile stock, so not necessarily a long term hold for me ... if it gets back near $9, I'll be taking some profits .... wish I had trimmed a few at $8.50 earlier this week in which case I'd be buying back today.
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