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Nordic American Tankers (NAT -10%) takes a dive after pricing its follow-on offering at $9.60...

Nordic American Tankers (NAT -10%) takes a dive after pricing its follow-on offering at $9.60 per share. Underwriters have the option to purchase 1.46M more shares over the next month. 
Comments (1)
  • mc10010
    , contributor
    Comments (168) | Send Message
     
    Should of know better than to invest here. The only way it can keep up with lowered dividend and remain relevant is float debt or dilute ownership.
    2 Apr 2013, 12:25 PM Reply Like
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