NAT Nordic American tanker. Dry bulk and oil/gas vessels.


I've been in this ticker for over a year I'm actually also in USEA(226 shares 1.80 avg just did a special cash dividend it was a spin off of SHIP) but I want to talk about NAT.I had over 200 shares around 2$avg now have 117 because price is around 4$now. Next earnings is end of May. Insiders have been buying when it was above 4$ a share. This past earnings revenue was down 50% net income was up 147% and met profit margin was up 201%. The earnings call in September was a surprise 25% and beat eps by 25% and revenue by 13%. It was up around 4$ again last week then dropped through out the week to round 3$ today is climbed back up to I think 3.94 high. Closed at 3.88$ I believe. Analyst have it as a buy rating but the price Target is anywhere from 3.80 to almost 6$. I'm wondering what people think about this company if it can go higher and break the 4$ mark? I've also noticed an uptick in options usually there were like 0 volume but that has picked up not a lot but more than it has in the past. It seems like people are bullish but the 10 day average volume is under 5 Mill it usually only traded like 2 Mill or so but the past couple weeks volume had picked up and price movement. Has anyone heard of this company or looked at it? I've already taken my profits just wondering if this thing will still climb looks like resistance is at 4$ but he's broken that in past. Any thoughts ideas are welcome. Not financial advice in any way.


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