ajstocks

Nordic American Tanker: An Intriguing Play

I've been in and out of NAT for the past few of years. It is a great dividend company especially if you are in it for the long haul as Tim Plaehn has suggested. I first bought at a high point, but dollar cost averaged on the downside and made a great dividend along the way as well as a good profit. I currently have a long position in this company and picked up more at $26.50. The next 3-6 months look very good for the dividend and the stock price. If you can stomach the volatility in the spot market tanker rates and hold over the longer term you will be well rewarded.