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Teekay Tanker owns and operates a fleet of oil tankers that it charters using fixed-rate contracts and offers on the spot market.
I'm not buying yet, but I think it has bottomed on what is actually positive - better than expected - news on both the revenues and the dividend front, believe it or not! (Yes, it's pathetic. But LESS pathetic.)I still think the time to plunge big - if we get through the Sequester battle, Brent stays well supported, and the Worldwide Growth story is back positive into the Spring - would be about May, since this entire group is Seasonal AGAINST the rest of the Market. When it is back to normal again - if this is the year, we still don't know - its High Season is summer into early Fall, when all the big conferences occur.
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