Nordic American Tankers Ltd (NAT)

[Eurotradr]

"As in the past, our policy is to grow the company. Before selling eight vessels, we had 33 vessels in NAT. In a year, two or three, we expect that the number of NAT ships may be much higher than 33."

This could be a serious drag on the dividend and PPS if the market does not turn around and very strongly. How aggressively will they begin building the more than EIGHT (8) new vessels??? Each will require a large down payment.