NAT Stock Still DOWN 40%! - Buy NAT Stock Now? - NAT Q1 Earnings!

NAT Stock Still DOWN 40%! - Buy NAT Stock Now? - NAT Q1 Earnings! Nat Stock is still down over 40%, despite fantastic Q1 Earnings and the stock market as a whole rallying up. What is it going to take for this stock to finally gain some momentum again?

If you enjoy the video, please drop it a like, it really does help me out a lot! Don't forget to subscribe if you're new around here, and drop me a comment with your thoughts on NAT!

In today's video I try to speak about what's going on and why this stock still isn't making any progress, despite these fantastic earnings, prospects and dividend.

Oil Tanker Stocks are speculative in nature, and with a potential pump and dump having already happened, a lot of people seem to be afraid to open up a position in these guys despite the immense upside potential.

I personally and still staying away from NAT Stock and oil tankers in general, but I am not a financial advisor, everything here is for entertainment purposes!

Here's some other video's you might enjoy!

[JackSpencerInvesting]

Please Remember to smash that like button!! What do you think of NAT right now? Let me know in the comments!

[forrestspellman]

I love the fundamentals and the real shame is NAT is not trading on them. Anyone holding in the $7-8 range got screwed

[OhiohammerPodcast]

I’m a new investor and Have 600 shares and I’m one of those guilty people who bought with a cost basis of $5.95. (Slightly embarrassed time say I had some at a $8 cost bases).

I do still think it has potential (mainly because I’m bearish and think the economy has a rude awakening coming in q3), but I’m watching as it drops because I’m actually interested in buying a lot more of it keeps going down. It used to trade between 1.75 and 2.50 for quite a time when looking at its history.

If somehow it gets to 1.80, I’d probably buy 6k shares to get my cost basis back to 2.20 so that I know I could eventually trade out without losses.

If not, it’s not like I have a ton of money in it and it has been a good learning experience.

[lindac]

They have announced the 2nd quarter dividend to be 0.20 for a total of 0.34 for the first and second quarter combined.

[nige_moves]

Going to hold and buy more, tanker are used for more than storage peeps. Overall world supply of tankers is low, I hope inexperienced investors keep selling and drive the prices lower and lower for us to scoop up ! The world re strating their economies is actually good for the tanker market, specially with these low oil prices around 30 bucks

[christurner]

Keep doing what you are doing ! I appreciate your efforts on all videos regardless what the topic is

[kingscourt]

Another great video. You are still not buying, but I could tell that you are close. :-) Maybe if you see 4.00? I added more today at 4.50. I was gonna wait for 4, but just in case we don't see 4, I pulled the trigger on 4.50, which was my goal yesterday, too. I think 4.50 is a great entry. But then again, that's what I thought of 6, and 5. But sooner or later, there has to be a bottom here, from which point we go up. As you are aware Jack, the earning and dividends for Q1 were expected to be very good, but for Q2 and Q3 they are expected to be GREAT. That is what I'm basing my decision to hold and average down as the opportunities present themselves. I agree about the dividends. A lot of people make more of the dividends than they should. They are more like a little bonus, and won't affect my decision to sell. If NAT takes its time to rise over the next couple of months, then the dividend will be a nice little bonus. But if we get a pop before that, and I could get out with a profit, I'm out. I won't let the dividend keep me in and risk another drop.

[duncantwist]

Your smile and engagement has so much energy. Kudos to you buddy. I have thousands of shares in this company so I am too hoping for the best. Keep to what is true to you

[AlexRechevskiy]

Question is: will anyone still remember NAT in a year?

[jimmythyreconomic]

i did buy into them recently, for the short term! wanna see that profit! :D

[BrokeManFinance]

I’m still not averaging down yet. Be careful catching a falling knife!

[cathaloshea]

Yup I currently own 91 shares. Bought more today, I'm used to the price going down now so no worries, I believe in them in the long run, simple as that.

[clashnstuff]

If stocks were predictable we’d all be millionaires

[Mr_Plop]

hold it, yeh the contracts are still there but nobody can tell when oil consumption will peak again. What if we have a second wave of the pandemic? More storage needed. Buy at $4.5 sell at $12-15

[manthansaliya]

Do you think so DHT will bounce back from $5.7 after dividend payment on 26th May?
What are your views on CPE stock to invest in which has P/E ratio just 0.83?

[eriction]

The market that bought into NAT was short term and/or immature. The retail investors bought into the fomo high and panic sold low and is still selling every time it falls. The more people fear sell, the more it falls. It just creates a great opportunity for long investors to scoop shares up cheap and take their money.

[TonyToneFixMyPhone]

Best time to buy in : ) I bought some more !

[themindprofit]

I’m gonna buy more NAT if it hits 4.50$ I’m in at 720 shares so far at 5.29

[foolishcreations]

I’m gonna close my eyes and check back in on this one in 6 months. Hope my huge L turns into a W

[jamesclark]

Averaged in at 7.66 35 shares. Down a lot and it’s frustrating