I did believe in VLCCF at one time, decided to dump the 9000 shares I had and move all of that to NAT- so far I saved another .90 cent downfall and stayed about even with NAT.
I don't think time charter is the way to go right now, when rates improve (and they will) VLCCF will be trapped in low per day rates.
Glad I sold twelve months ago at $23-$25 per share.
3.41 is where I think I’ll buy back in
Sentiment: Strong Sell