Is the Sheriff of Nottingham coming to round up Herbjorn Hansson and his merry band of Nordic American Tankers investors?

The answer could be yes, according to a research note penned by Evercore ISI analyst Jonathan Chappell.

Chappell is putting forward data showing a correlation between the relatively good fortunes of the NAT stock in 2020 and the number of people investing in it through free online trading platform Robinhood.

He further suggested that NAT and Hansson could be heading for a big fall once retail investors catch on that the owner’s dividend for the third quarter is likely to be far smaller than what it pays in the first and second three-month periods of the year.