Stockchase Opinions

Darren Sissons Nordic American Tankers NAT-N DON'T BUY Oct 07, 2024

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.

$3.810

Stock price when the opinion was issued

Transportation & Environmental Services
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HOLD

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.

PARTIAL SELL
Take profits. It's done well. But he's circumspect about future growth.
SELL
If you took some profits, then move on. Business has done well. Some analysts believe business will be good, but he's circumspect about its future.