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Nordic American Tankers Limited Message Board

  • bluefin114 bluefin114 Aug 12, 2013 11:41 AM Flag

    horrible quarter

    old fleet, and quickly using up cash each quarter. How long until they reduce or suspend the dividend?? It is the only responsible thing to do for the long term.

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    • jmcurtissr@ameritech.net jmcurtissr Aug 12, 2013 12:31 PM Flag

      Shorty get a life. Have you covered yet? Sorry about that.. How much have you lost so far? Nat is only going higher.and your loses are only going to grow higher.

      Sentiment: Strong Buy

      • 1 Reply to jmcurtissr
      • I am not short NAT. In fact, I am long others in this sector. I am not long NAT however, because what bothers me most about NAT is the fact that its owner and CEO seems to be dishonest in how he reports results and promotes his company. He is like a carnival huckster. The facts speak for themselves. The revenues sucked, the earnings sucked, and NAT fleet has one the oldest fleets around. Just a few years ago, he would go around screaming that NAT would never have any debt. Well guess what, NAT has been drawing down on its credit lines and issuing more stock like crazy. He should just be honest. The BS wears thin after a while.

 
NAT
14.79+0.13(+0.89%)Jul 2 4:04 PMEDT