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Strategies & Market Trends : BAK - Investing

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To: Covenant who wrote (2911)6/9/2012 9:25:16 AM
From: kgr1137  Read Replies (2) of 3249
 
Re: NATDF

<KGR has been pumping NATDF for over a year. It took me quite a while for me to come around. I'm a seller in the low to mid $2s. I bought more today at $1.49.>

I resemble that remark. :-) On top of that, you edged out my $1.48 buy order.

X- avg. volume is much higher than it used to be. I think Yahoo show avg. at nearly 400K. It used to be much thinner.

This has suffered a hit with all drillers and, on top of that, some currency losses since Norway is the "primary exchange". Thankfully the Norw. kroner hasn't taken the hit the Euro has. JF plans to list this on a US exchange before year end, and for a variety of reasons, that usually is good for a bump. I've owned SDRL since before it was listed on the US exchanges and it's been "berry, berry good to me."

Current yield about 12% and qualified too.
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