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conix

10/13/16 10:33 AM

#197 RE: Spicknspan #196

It is too early for buying, imo. The whole sector is getting slammed with all the negative developments of falling rates and the declining book values of aged ships.

This is a tempting chart...because the shorts have piled on and a short squeeze is not out of the realm of possibilities. But management really needs to prove that NAT is going to continue o be able to pay out a healthy dividend. And how is that possible?