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Grobbak | Fri 28-Aug-09 08:15 PM |
Member since 13th Jul 2009
174 posts
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#1921, "GM, eep! Check out NAT."
Edited on Fri 28-Aug-09 08:17 PM
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I haven't looked at them in a few weeks, but last I checked they were WAY worse off than Ford and their stock was suspended from trading. I'm not sure they are through with the bankruptcy or not?
Either way, I'd stay away from GM myself.
My next stock purchase is NAT (Nordic American Tanker).
Their dividends were a little down this year, but still respectable, http://www.nat.bm/IR/dividends.html mostly because they like to create extra stock all the time to fund growth, then they will turn around and buy a couple more tankers. They like to keep their dividend around 10%-11% which is quite honestly, unreal! Good time to buy now, while the stock is trading around $30 a share.
This is not a stock that you watch double and you sell. This is a stock you buy and never ever ever think about selling. Just keep cashing those fat dividend checks.
G.
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 Who else plays the stock market?
[View all] , Grobbak, Fri 28-Aug-09 07:41 AM
  Do you know anything about GM?,
Stunna,
28-Aug-09 08:05 PM, #4
  GM, eep! Check out NAT.,
Grobbak,
28-Aug-09 08:17 PM #5
RE: GM, eep! Check out NAT.,
Stunna,
30-Aug-09 09:42 AM, #8
Update:,
Grobbak,
03-Dec-09 12:10 AM, #9
RE: Update:,
flatline,
16-Dec-09 12:25 AM, #10
RE: Who else plays the stock market?,
Stunna,
28-Aug-09 08:03 AM, #1
I'm really annoyed,
Lokain,
28-Aug-09 05:35 PM, #2
Source your information.,
Stunna,
28-Aug-09 08:03 PM, #3
That was the problem,
Lokain,
29-Aug-09 01:18 AM, #6
book suggestion,
Stunna,
30-Aug-09 09:39 AM, #7
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