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Teekay Tankers Ltd. Message Board

  • xx369@ymail.com xx369 Apr 5, 2013 8:47 PM Flag

    Not enough selling volume

    I think the stock started pulling back when NAT did their desperate offering and the stock got halted. Anyway, the question is will we bounce at the historic low support or keep going down? It is highly probable and most likely to bounce because this stock does pay a sustainable dividend. I would like to see a spike in selling volume when we hit support and a breach before turning up. Playing the bounce, this stock on watch. Sentiment hold, hopefully the industry will show signs of earnings growth going forward.

 
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