Nordic American Tanker letter to shareholders
Yesterday I added Nordic American Tanker (NAT: 30.19 -0.24 -0.79%) to my 20 Stock Portfolio of well reviewed (by me) stocks. Today they released a letter concerning soft spot market tanker rates for the 3rd quarter, which has had a significant affect on the stock price. I recommend anyone interested in this company to read the letter in its entirety before making any investment decision.
This is a good time to review my disclaimer concerning the writing on this blog.
More on this topic
(What's this?)
Stocks with Fluctuating Dividends to Avoid
(The Wikinvest Daily Angle, 2/4/10)
Nordic American Tanker to pay record dividend
(The Shipping Stocks Blog, 11/9/09)
Interesting news from Nordic American Tanker
(The Shipping Stocks Blog, 9/29/09)
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[...] has released a letter from the CEO with an update on the fortunes of the company. As opposed to the letter in September, this one is of a positive note with little in the way of new news. The letter [...]