/biz/ - Business & Finance

>>19356126
STNG is fine. Nothing can stop the "oh god, less than half NAV!" part of it. They can dilute shares by 100% and still have value above where they are.

>>19355096
Look on the bright side, you are up. The only one that isn't is NAT, kek.

>>19177628
>>19177828
>>19177892
Oh no oh no oh no. Is this....real? Great investigative work, holy shit wtf from me though. So there is literally an asshole out there just...tracking the Dow futures and matching it on oil? Does this mean....there is LITERALLY no connection to actual price right now? How will this play out? Is this guy just going to pull it all the way to expiration because he forgot, keeping oil up, pissing everyone off, and going broke and going to jail for it? Wtf is happening?

>>19177845
Feet pics for reddit.

>>19177870
A super contango. Due to toning down war which drove oil prices down. One not even as bad as this one we went (are going still maybe) through. In other words, the market doesn't understand value right now.

>>18912330
I actually have averaged down. I have averaged down now all the way to having no more money left to invest. The only thing I can do now is if tomorrow they dump again, if NAT goes down less than FRO and DHT I can liquidate it to buy more FRO and DHT. I am in this for a minus 8% day, and then 2 minus 10% days now in a row. This is the only play I got now, there is no more buying. Only sailing.

>>18912371
I rather DHT because closer to its 52 week low than STNG by a mile. As...horrible as that sounds. Maybe I will put NAT into STNG, idk. I hope it goes up tomorrow and I don't have to think about this.

>>18912381
And here I thought I got a good deal for more shares of FRO at 7.55 and DHT at 6.36. Silly, silly me.

>>18738527
I’m actually ahead today, nice try.

>>18580546
I am going to in a few minutes, thank you anon! Seeing how things are closing, I think I am going to make it! All my energy to the market and Jerome's printers!

>>18275256
Lockhead? Why? Have you seen the prices? It is 350 right now and not THAT far from its high with 2% divvie. WYNN is a third of its yearly high, a fifth of its general high, and paying 8% with strong chance to not cut. I regret not buying it at 35 too 2 weeks ago, but dammit my man, if you want profit you can't really go wrong on the long term even if it returns to its low. Which I doubt desu.

>>17588180
be fearful when others are greedy