I am expecting NAT to move higher toward $10 and hopefully $12. The recent news is very promising and shows that growth is the NAME of the GAME for NAT. More ships, more revenue, and higher earnings. Add to that the dividend and the NAO shares and dividend from NAO. I think this is the time to load up the truck and wait for the nice jump up which may happen anytime.
Fair enough, but you can't argue the Spot Rates of late. holding around $20K. Better than the last couple of years for sure. Whether this will hold through summer is anyones guess, but it sure does look like an improvement for fixtures. And the last couple of NAT fixtures I saw were above $20K moving into June.