Mexico--could you explain to me why you think NAT is solid?
It looks like they are desperately trying to convince shareholders that things are getting better, but the CEO is no longer trusted by the market.
Herb has ZERO credibility.
If he really thought the stock has hit a bottom and the dividend cuts have ceased, he would announce another pathetic 100,000 share purchase by his very wealthy family.
Notice how despite going down another 50% since his last purchase, that he has stopped buying?
It means he does not have a great deal of confidence on when this weakness in the market will end.
FIRE HERB!
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