@K28Hill, The NAT CFO Bjørn Giæver has bought 60,000 shares in NAT at $4.725 per share, The company is making tons of money stocking oil, nowadays they charge 60k per day whereas the used charge 8k per day, so I dont see this stock going down to $3
K28Hill
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@Nabilumi20, my fear is oil usage has begun to cut into the previous leverage these tankers had over the producers, so the high prices they were getting are going away, bringing down profits. Hope I'm wrong, but outlook isn't as bright as a month ago.
Duaneellsworth9626
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Think we have bottomed today. HIt the .236 , rsi oversold. Hopefully small steps up.