NAP - Navios Maritime Acquisition: Clutching At Straws?
"A man in peril of drowning catchest whatsoever cometh next to hand... be it never so simple a stick." Sir Thomas More
Navios Maritime Acquisition Corporation (NYSE:NNA) is a financially troubled microcap company that owns a fleet of VLCC crude tankers and LR and MR product tankers. NNA is extremely risky as a trade or an investment from either the short or long side. NNA is a 44.2% owned subsidiary of Navios Maritime Holdings Inc. (NYSE:NM), and an affiliate of Navios Maritime Partners L.P. (NYSE:NMM) and its subsidiary Navios