/biz/ - Business & Finance

>>18869304
Since tanker earnings are going to be reported over the course of the whole month its possible that if DHT starts us off with a good run we could be in a bull run for the whole month. Of course, the market is extremely irrational so any bit of "bad" news could trigger a tanker sell off. IMO tanker stocks seem undervalued, especially for the oil glut we're going through. Look at what the 2014-2015 oil surplus did to tanker stocks and ask yourself if we are better or worse off then 2014. The NAT interview really screwed up tankers because it brought in many weak hands, tied with the fact the current situation is sorta unprecedented. Tankers will perform, it just depends on how much the frenzy will feed them.