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Nordic American Tankers Limited

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NAT trade ideas

At support levelIn the current situation, there are very few companies that can solidly make a profit. Nordic American Tankers are one of them. Big investors rent out these ships and pay them to store their OIL. With the oversupply of oil and shortage of storage, Tanker companies charge more for holding the barrels. On average, it cost 4 times as much a day, then a year before. Their CEO also said: they have the potential to earn their entire market cap. in a single year. Bonus: the ships aren't moving so their fuel cost low as hell, leaving the company more profitable.
NYSE:NATLong
by benedekdomotor
NAT - an exercise in FOMOThis was a great trade, going back for some post mortem as there is a lot to be learned. - started with insider buys - shipping storage narrative all over - search volume peaks, reddit wallstreet bets as the FOMO gets started - NAT CEO on CNBC pumping - love looking back on those gaps up each day, pure FOMO on a chart but my favourite part of this whole chart is the sell signal - the VOLUME on that first hourly chart is the perfect signal. GET OUT HERE. I sold a day early at 6.80 but still stoked with that. Have a put on now as well that I will probably close after these 2 days of perfect price action. Where does it go from here? No idea, will tankers go parabolic? Or will day rates for vessels plummet? Tough with these macro plays. If tankers setup for a nice low risk entry again will be looking at DSSI and TNK. Another great point to take note of is the RSI divergence at the top. Great sell signals to learn from here, - FOMO gaps up - Parabolic movement - HUGE volume on the opening hour for the top - Coupled with RSI divergence
NYSE:NATShort
by Jicka
Beautiful Bottoming Pattern, And the Monthly Chart Looks Sweet PROs: Trading at 60% below its fair value Earnings are forecast to grow 70% per year 250% return over the past year NAT is forecast to become profitable over the next 3 years NAT’s short term assets exceed its short term liabilities NAT has sufficient cash runway for more than 3 years NAT’s dividends in 3 years are forecast to be covered by earnings Analysts recommend a ‘Hold’ rating (average) NAT pays a dividend CONs: Highly volatile share price over the past 3 months NAT is unprofitable NAT’s revenue is expected to decline over the next 3 years according to analysts Losses have increased over the past 5 years at a rate of -45% per year NAT has a negative return on Equity NAT’s short term assets do not cover its long term liabilities NAT has a high debt to equity ratio NAT’s debt to equity ratio has increased considerably over the past 5 years NAT’s dividends have fallen over the past decade and are considered low Report: A very nice falling wedge pattern (blue) formed over the past decade or so. With a Cup ‘n’ Handle pattern in progress dating back to early 2016. The fundamental picture is ok, but nothing to shout about. Recent news articles have suggested a ‘glut easing’ for Oil is underway, however, if history is anything to go by, glut easing is usually short-lived. Bottomcatcher’s Opinion: Definitely one for the watchlist! Despite yesterday's herculean performance, caution and monitoring are required at this stage. Towards the end of this week and especially next week will be telling, as Oil prices are trying to recover from their most recent declines. If prices can stay inside the Arc and above sloping trendline resistance (blue top line of falling wedge pattern) at (1) on the weekly time frame, we should consider taking a long position to hold for the medium to long term.
NYSE:NAT
by rapidrunners
NAT: $8 Target ($10 Short Potential) --> $15 LongFirst off, don't take anything I say seriously or at face value. As always, my analysis are off opinion basis. That being said, let us get into some of my insights. I believe that, conservatively a short $8 target for NAT is likely to happen, and there seems to be bullish support for a $10 short as well. In terms of long position, it could cross a $15 price threshold within two or so years. The short potential is mainly as a result of the earnings call that is upcoming, and alot is relying on a positive call or huge surge in demand post covid19 crisis. I would classify this as medium risk, and think a short hold may be better then long because you can reinvest in some higher growth stocks afterwards. Although, I am not going to say I am certain on that statement. Only time will tell.
NYSE:NATShort
by gamer456148
6
Nordic American Tankers $NAT Long SetupFundamental Analysis: Overall shipping stocks are bullish, with gas prices so low and people ordering like crazy off their government checks. It definitely will be my next move in terms of hedging against this Covid crisis. I'm not putting any price targets because the situation is very dynamic and I will most likely take profits depending on how this plays out. Technical Analysis: Gonna keep it short on this one but it is a good time to get in for a long term play. With the ascending triangle forming on the 1H timeframe, we can expect the whole shipping market to keep pumping throughout this crisis. Cheers and feel free to share your thoughts!
NYSE:NATLong
by Zanalysis