gamer456148

NAT: $8 Target ($10 Short Potential) --> $15 Long

Short
NYSE:NAT   Nordic American Tankers Limited
First 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.

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