Jim Cramer - Mad Money Nordic American Tankers NAT-N PARTIAL SELL Sep 16, 2020

Shipping company that owns and charters Suez tankers for oil transportation. Chart indicates that this is trying to build a little bit of a base. It has done this before, so it may be a false signal. Chart shows a big drop from 2010 all the way down to late 2012. If you own, $8 would be a good place to put a Stop.

A ceasefire in the Middle east would lead to some normalization of freight rates. There is political risk. It is in the bulk tanker space and is not his preferred name.