Nordic American TankersNATDON'T BUYOct 07, 2024Stock price when the opinion was issued
As of Jun 01, 2026. Market Open.
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.