/biz/ - Business & Finance

>>18928709
You are really dumb, aren't you?

>>18928723
Not today most likely. market is high on hopium for a drug going to phase 2 trials for corona which isn't expected to give a vaccine if succeeded for still at least a year. Lot of hype for the rest of the year at minimum remaining fucked.

>>18928756
But why is it hated as a company? I actually am waiting though, least to end of the day if not tomorrow to buy more. If we are dumping all tankers I might as well keep waiting for bigger and bigger dipping to keep buying. My margin is ready for small additional buys continually down, idc, this will go up enough to justify it.

>>18928797
I understand that they got smaller ships and fleet, but they got a strong history. Unironically stronger on the downward trend recently holding up than DHT and FRO. And its ATH is still 10x. I disagree a lot that they were overpriced, but I am still gonna wait and hunt for a better deal if it comes around.

>>18928818
I can understand this reason. At the same time, might moon faster. I just like its overall stock performance prior to plebs buying in due to Cramer shilling, the company itself no matter how I look at it just isn't bad enough to warrant a warning sign for.

>take out 50k loan repaying 990 per month over 5 years
>use 50k to fund on bitfinex at 0.8% per day
>$40 a day, $1200 a month, repaying $990 each month
>$210 profit per month, $12600 over 5 years plus the initial $50k for an effortless $62600 after 5 years