Its all about the earnings. I think NAT will have good earnings going forward and will continue the run up. The next couple of Quarters will be solid and as long as the Middle East doesn't blow up over this Iranian Treaty.
Go watch fast money and listen to the interview then make your comment. If you follow these oil tankers you would understand why this is good news for the oil tankers. Then maybe you'll make some sense....Sounds to me your short , be careful.
Denis Gartman was on CNBC (534PM Fast Money ) editor of the Gartman Letter Just gave us a nice pump. Says Tankers Stocts are the place to be and to many people have overlook them. He disussed Iran and Saudi in a distinct oil price war.